Tag: rhodium market dynamics
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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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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…