Metals

Precious Metals Update

27 July, 2018

What is behind rhodium’s outperformance?

The price of rhodium has so far been insulated from deteriorating investor sentiment towards platinum group metals (PGMs) more generally. While rhodium is still likely to outperform its sister metals this year, we think that slower economic growth in China and softer auto sales in other core markets will lead to lower prices over the coming months.

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