Where to sell rhodium

Discussion in 'Platinum' started by Teal Deer, Jan 22, 2020.

  1. Teal Deer

    Teal Deer Member

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    Are there any places to sell rhodium other than GS? They're now selling at 94% spot...
     
  2. minimilled

    minimilled Member

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    I’m thinking of Kitco - but looking at the bid price it is well under 9k USD there. You could try calling KJC in Sydney.

    The price action is pretty steep at the moment. If GS is *buying* at 94% of spot then that might not be so bad considering spot has jumped about 40% in 2 weeks
     
  3. madaw1

    madaw1 Well-Known Member

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    Do you have some to sell by the chance?...
     
  4. Teal Deer

    Teal Deer Member

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    Cheers minimilled.

    Indeed, madaw.
     
  5. Calendyr

    Calendyr Member

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    One of the youtuber I am following had one and it looked like he might be interested in selling. I cannot remember who it was, I binge watch these videos...
     
  6. Teal Deer

    Teal Deer Member

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    I made an error in my original post; it should say they're *buying* at 94%.

    I'm looking at selling.
     
  7. StewyD32

    StewyD32 Well-Known Member Silver Stacker

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    Take the 94% of spot. I highly doubt any bullion dealer will offer you spot and it will be very hard to sell on here with the current high price.
    I had a 1oz on here and didn't sell or even an enquiry. Had to go to a local bullion company. Think I got 97% of spot
     
  8. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    97% of spot is very good. In Singapore, I can only get 96-97% of spot even for platinum, which is ridiculous.
     
  9. StewyD32

    StewyD32 Well-Known Member Silver Stacker

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    I would prefer 94% of spot now than 97% of spot when it was $2,500 :D
     
  10. Ad1

    Ad1 Active Member

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    Try calling Bullion Now in Melbourne and see what they can offer. Same building as Goldstackers
     
  11. minimilled

    minimilled Member

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    Are you sure GS is buying at 94% of spot? From their website buyback is more like 75%
     
  12. Teal Deer

    Teal Deer Member

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    Cheers for the responses.

    Where are you seeing that, minimilled?
     
  13. minimilled

    minimilled Member

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