Rhodium is one of the rarest precious metals on the planet. A member of the platinum group metals (PGM) together with platinum and palladium, rhodium is a key component in the car industry as well as in electrical connections and in aircraft turbine engines. The rarity of rhodium combined with increasing production demand has made it one of the most popular precious metal investments. However, because of the small size of the market and its volatile price movements, it is not advisable to actively trade rhodium. Instead, purchase rhodium bullion bars and either take profits at a pre-determined level or hold for a pre-determined period of time before reassessing the market.
California Numismatic Investments is proud to offer the Baird Rhodium Bar 1 oz. Because this bar is an accepted bullion product its premium over spot is small and attractive to bullion investors. The size of the rhodium bullion bar also allows investors more options when buying or selling compared to larger bars, and smaller rhodium bars are not reportable on Form 1099B. If you have any questions about investing in rhodium, call CNI toll-free at (888) 880-7101.