Tag: industrial metal investment
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Diversify Portfolios with Palladium: Key Investment Avenues Unveiled
Investors seeking to diversify their portfolios may consider investing in palladium, a precious metal that has gained attention due to its increasing demand and supply challenges. While not as popular as gold or silver, palladium plays a crucial role in industrial applications, particularly in the production of catalytic converters for vehicles. This metal is primarily…
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Rhodium Prices Surge Amid Supply Scarcity, Investment Challenges Ahead
Rhodium prices have been quietly increasing, with a significant surge since the beginning of the year. This lesser-known metal is a member of the platinum group metals and is widely used in various industrial applications, including catalytic converters in automobiles. In fact, the majority of rhodium production is destined for these converters, making demand from…