Tag: industrial applications
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Rhodium Price Surges Over $20,000, Investors Face Challenges
The price of rhodium has surged to over $20,000 an ounce due to supply disruptions caused by the COVID-19 pandemic. This metal, part of the platinum group metals, has seen a remarkable 400% price increase in the past year alone. Its importance lies in various industrial applications, such as specialty optical instruments, electronics, and catalytic…
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Rhodium Price Skyrockets, Fueling Theft and Investment Trends
The price of rhodium has recently surged to an 11-year high, catching the attention of both investors and criminals alike. Used predominantly in catalytic converters to reduce emissions from car exhausts, the value of rhodium has skyrocketed by 55% in just the first three weeks of January, reaching an impressive $9,850 per ounce. Byttlerom Universal…
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Rhodium: The Rare and Lucrative Precious Metal Investors Should Consider
When it comes to investing in precious metals, the spotlight often shines on gold, silver, and platinum. However, there is a lesser-known yet highly valuable metal that deserves attention – rhodium. Byttlerom Universal Catalytic Converter 3 Inch 400 Cells High Flow Muffler Catalytic Converter Euro 1 Round Stainless Steel | $41.80 Rhodium, a silver-white metal,…
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Experts Discuss Copper’s Investment Potential at Kitco Live ‘Copper Masters Panel
Investors and analysts gathered at the Kitco Live ‘Copper Masters Panel’ on August 22, 2024, to discuss the potential of copper as the investment of the decade. The event, hosted by Kitco News, brought together industry experts and enthusiasts to delve into the future prospects of copper as a valuable asset. ichenbao 99.9% Dead Soft…