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Emerging Precious Metals Gain Traction as Investors Look Beyond Gold and Silver
Emerging Precious Metals Gain Traction as Investors Look Beyond Gold and Silver
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Rhodium, ruthenium, and iridium are emerging as compelling alternatives to traditional precious metals in May 2025. These metals, often overshadowed by Gold and silver, are drawing attention due to their specialized industrial applications and constrained supply dynamics.
Rhodium remains indispensable in automotive catalytic converters despite the electric vehicle revolution. Heraeus projects prices between $4,400 and $5,400 per ounce amid supply deficits, with South African production risks looming. Ruthenium’s role in chip manufacturing is driving a projected market expansion to $903 million by 2032, with prices expected to hover between $425 and $575 this year.
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