Where to sell rhodium

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
 
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...
 
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
 
StewyD32 said:
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
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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.
 
Try calling Bullion Now in Melbourne and see what they can offer. Same building as Goldstackers
 
I enquired recently about selling Rhodium at KJC. They offered me $15 000 aud per ounce. Yet at the time they were selling an ounce on their website for $31 000.

I think i will just hang on to my Rhodium thanks KJC lol
 
alchemist80 said:
I enquired recently about selling Rhodium at KJC. They offered me $15 000 aud per ounce. Yet at the time they were selling an ounce on their website for $31 000.

I think i will just hang on to my Rhodium thanks KJC lol
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Is yours a bar or coin?
 
alchemist80 said:
I didn't ask them about anything specific, just 1 oz of Rhodium, and they mentioned it is very hard to sell is Australia, but they may have interest at 15 000.

Mine are just some Baird 1 oz bars
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Exactly the same answer to me....may have interest at 15k.....
 
As it turned out, barriers to sale such as drastic spreads, difficulty for sellers to find a ready middleman, intimidating prices ended up being fuel on the fire

I’d say there is a fair bit of supply locked up by silly barriers

Price is heading towards double in 12 months and no end in sight for now
 
Mill3d said:
As it turned out, barriers to sale such as drastic spreads, difficulty for sellers to find a ready middleman, intimidating prices ended up being fuel on the fire

I’d say there is a fair bit of supply locked up by silly barriers

Price is heading towards double in 12 months and no end in sight for now
Click to expand...

If it doubles, it will be worth more than bitcoin. :D
 
Have they been giving Rhodium away for free with a $700 cash bonus as well and I missed out, or has Kitco fucked up again?

Or maybe I am too intoxicated to get my head around this price action thing I am seeing.

PS: I hope those of you who were thinking of selling at $15k did so, as I can imagine the butthurt of anyone who held on all the way down.:eek:

Rhodium is the Bitcoin of the precious metals and can lose 50% of its value faster than you can say "fuck me dead";)

2700.00+3400.00​
 
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