What Are The Uses Of Rhodium?

Did You Know?

that Rhodium is historically circa six times more expensive than Gold

Rhodium is one of a group of metals known as Noble Metals. Most are Precious Metals and all are resistant to corrosion and oxidation. Other examples are Gold Platinum and Silver.

Rhodium has a very high melting point, is corrosion resistant and is a good electrical conductor.

These properties allow it to be used in the following Read more

How To Invest In Rhodium

At the end of last week Rhodium for 30 day delivery was trading around $1500 an ounce, more expensive than platinum and palladium with which it shares its primary use in auto catalyst applications to control exhaust emissions.

We assume that our readers are conversant  with its properties and range of uses. Now lets see how to invest in Rhodium and if it is worthwhile.

As it is such a rare metal there is no primary miner, that is, it is a by- product of other mining activities. Read more

Why Have PGMs Fallen Off a Cliff?

For the last three weeks our attention has been claimed by the extraordinary and ongoing events affecting financials in particular and the knock on consequences to markets in general.

To very briefly sum up, the irrational euphoria that greeted the Paulson/ Bernanke news last Friday was quickly replaced as worldwide markets opened deeply in the red on the realisation of the consequences of their bail out proposals.

The sector that was a significant exception was our very own favourites, gold and silver. The $900 an ounce level was breached before falling back to the mid eighties and as we write (06.30 ET) is again knocking on the door at $895 an ounce.

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