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Rhodium, a rare metal, has reached prices over ten times that of gold, peaking at nearly $965 per gram in 2021 due to high demand in the automotive industry. Despite its rarity and significant industrial applications, including pollution reduction, rhodium remains less known than gold or silver. The automotive sector consumes over 80% of rhodium production, primarily for catalytic converters. The market is sensitive to supply fluctuations, with South Africa and Russia being the main producers. Recycling rhodium from used catalysts is becoming increasingly important, while the rise of electric vehicles may impact future demand. Investing in rhodium is more complex than in gold due to lower liquidity and market restrictions.

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