How much is rhodium going for today?
15500.00
PGMs
| Price | |
|---|---|
| RHODIUM USD/Oz | 15500.00 |
| RHODIUM GBP/Oz | 12256.86 |
| RHODIUM EUR/Oz | 14387.88 |
| RUTHENIUM USD/Oz | 625.00 |
What is the future for rhodium?
There is no futures market for rhodium, but there are a few exchanges that trade the element, including Johnson Matthey in Hong Kong. According to Researcher, the global rhodium market is expected to witness growth at quite a significant rate during the forecast period.
How much is scrap rhodium worth?
Reclaim, Recycle, and Sell your Precious Metal Scrap
| Today’s Metal Prices | |
|---|---|
| July 6, 2022 | |
| Platinum | $868.00 |
| Palladium | $1,878.00 |
| Rhodium | $12,550.00 |
Where can I find precious metals charts?
Track gold, silver, platinum, and palladium prices over time with U.S. Money Reserve’s convenient and interactive precious metals charts. Welcome to our precious metals charts page. Below you will have access to live gold, silver, platinum, and palladium prices, as well as historical price charts.
How do traders determine precious metals prices?
This is because traders determine precious metals spot prices on futures exchanges. A spot price is the live price of a precious metal with immediate deliverability. It represents the current rate at which a metal can be purchased or sold at a specified place and time. This rate defines the explicit value of precious metals market prices.
What caused the 2011 highs in precious metals?
The precious metals surged as a consequence of Federal Reserve Quantitative Easing programs, rising inflation fears, and a spike in investment demand for physical bullion. However, those nominal 2011 highs weren’t actually new highs in real terms.