What You Need to Know About Investing in Rhodium Bullion Bars

What You Need to Know About Investing in Rhodium Bullion Bars

When they decide to invest in precious metals, the first things that most people will look for are gold, platinum, or silver bullion for sale. In addition to these three core metals, many investors are beginning to purchase rhodium bullion bars as well. Since the rhodium market is new and small compared to markets for the other three types of bullion, you should familiarize yourself with a few basic facts below.

What Is Rhodium?
Like gold, silver, and platinum, rhodium is a chemical element and a precious metal. It is most similar to platinum, as it has a silvery-white color and is often found in mineral deposits alongside platinum. In addition to being minted as investment-grade bullion , rhodium is often used to plate white gold jewelry. It can also be found in the catalytic converter of your car.

What Types of Rhodium Bullion Are Available?
Pure rhodium was never historically used in coins that are now certified as rare, and it is seldom minted today. The .999% pure 1 ounce rhodium bar produced by Baird & Co. of London is by far the most common type of rhodium bullion available for investors. Authentic Baird rhodium bars are stamped with the company name, a six-digit serial number, and the hallmark of the London Platinum and Palladium Market.

How Much of My Bullion Should Be in Rhodium?
The price of rhodium has been quite volatile in recent years, and it is currently at a low, which means that currently rhodium bullion is potentially a higher-return investment than the more stable and traditional gold bars or coins. Long-term, however, it is wise to keep at least 75% of your bullion holdings in gold, platinum, or silver coins, which are less volatile than rhodium.

If you are interested in purchasing Baird rhodium bullion bars, call (888) 880-7101 to speak with us at California Numismatic Investments. As expert gold dealers and traders in precious metals, we offer competitive prices on all types of bullion bars and coins.

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