Rhodium

[winston]

One of the Rarest Precious Metals Is on Best Run in a Decade

by Eddie Van Der Walt

Rhodium rose for past seven months, beating most commodities
Analysts point to more industrial demand, particularly cars

Mostly used alongside palladium in gasoline autocatalysts, prices have rebounded from a 12-year low set in July.

One way to buy rhodium is through an exchange-traded product started by Standard Bank Group Ltd. in late 2015.

The product’s assets total about 46,650 ounces, he said. That’s about 5 percent of total annual demand.

Source: Bloomberg

https://www.bloomberg.com/news/articles ... n-a-decade

[winston]

This Is The Shining Star In The Precious Metals Market

by Neils Christensen Neils Christensen

Rhodium is classified as a platinum group metal, and 85% of the metal’s demand comes from the auto sector as it is a component in catalytic converters.

Source: Kitco News

http://www.kitco.com/news/2018-05-17/Th ... arket.html

[winston]

World’s Priciest Precious Metal Set to Blossom as Shortage Looms

By Rupert Rowling and Eddie van der Walt

Rhodium output threatened by downturn in platinum industry
Metal witnessed spike in prices a decade ago on supply curbs

Rhodium, which can resist high temperatures and outperforms other platinum-group metals in removing nitrogen oxides from car exhausts, recently traded at a seven-year high of $2,350 an ounce.

Rhodium has held up better than platinum because it’s primarily used in gasoline cars.

Source: Bloomberg

https://www.bloomberg.com/news/articles ... tage-looms