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Is rhodium a good investment
Rhodium is an attractive investment for package travelers who want to hedge against economic uncertainty, especially when purchasing rhodium in small quantities. In addition to physical bars or towers, you can also invest in mining exchange-traded funds (ETFs), stocks, and then futures/derivatives.
How high can rhodium prices go
The average amount of rhodium in the catalyst is about 1-2 grams and the average weight of the catalyst is about 1.2 kg or 2.2 pounds. Rhodium is very expensive, only about $290 per gram, but the price depends on the quality of the metal, although you can easily get it because you recycle an old converter.
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How much does rhodium cost
As a rule, the cost of rhodium plating ranges from $60 to $120 for a beautiful engagement ring. The price may vary depending on the quality of the rhodium key, the know-how of the jeweler, the implementation time and the final effect. How often should I wear a rhodium plated ring in this context?
What is the price of rhodium per ounce
Rhodium futures here soared to around $18,000 an ounce in early February, a level not seen since Halloween last August, helped by growing demand from my auto industry to restart production after cuts in 2021.
What is the highest price rhodium has ever been
Since its launch in 2022, rhodium prices have jumped from $14,250 an ounce on January 4 to $17,500 an ounce on January 11, the highest level since September 2021.
Why is the price of rhodium dropping
Review of historical price tags for rhodium
The decline in automobile production contributed to a decrease in the production of catalytic converters, which affected the demand for rhodium. As a result, prices have been falling since mid-May, dropping to $11,250 on September 16, the lowest level in 2021.
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