Rhodium

Rhodium Inches Higher on News of Emerging Investment Products

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By Daniela Cambone

After months of being in a price lock down and drifting downwards at times, rhodium prices moved higher Thursday – some experts suggest it could be thanks to the emergence of a new investment product backed by the platinum group metal.

Deutsche Bank AG announced this week that it planned to launch a physical rhodium ETC (Exchange Traded Commodity). Rhodium was sitting at the US$1880 mark before the news of the Deutsche Bank ETC, when word came out, Read more