Rhodium $1850

[Argentum]

Its funny that gold and rhodium nearly equalised considering that 3 years ago rhodium was $10000. Huge drop since gfc and it hasnt recovered like th other metals since '08, Is anyone investing in this? Silver had along push till may, gold is still pushing now, could next push be in rhodium?....

 

[THUCYDIDES79]

Rhodium is 'dirt cheap' compared to before - The Cohen Mint from NYC did 1 gram Rh coins but they were very expensive.

Otherwise due to Rhodiums physical properties they usually dont mint coins out of Rh - when you buy it , it gets delivered as a 'sponge'

 

[Mr Medved]

Rhodium is a much smaller market - hence the spot price is massively manipulated and is illiquid in comparision to gold and silver. Caveat emptor.