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Short Stuff: Rhodium

Stuff You Should Know

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The Market Dynamics of Rhodium: Price Fluctuations and Demand Decline

This chapter examines the volatile price journey of rhodium, noting its surge to almost $30,000 per ounce before plummeting to around $4,000. It explores the reasons behind these fluctuations, particularly focusing on the diminishing demand associated with the growing popularity of electric vehicles.

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