1 oz Bar Rhodium Baird Mint
Rhodium bar 1 Ounce "Rhodium (Rh, Latin. rhodium, from Gr. rhodon - rose) - a chemical element in the transition metal group of the periodic table (the light platinum triad), a precious metal. The element was discovered in 1803 by William Hyde Wollaston in London. In its pure form, it is a shiny, silvery-grey metal. It does not react with water, air or acids, but does react with strong bases. It is used to make crucibles, surgical instruments and reflective coatings in reflectors; due to its high price, it is rarely used in metallic form. Its price in July 2009 (per gram) was US$46.20, compared to platinum at US$37.65 and gold at US$30.59 (as at 22.07.2009)." Because of its current low price (compared to previous years), buying rhodium bars is an interesting way to diversify the way you invest. Over the past 5 years, the spot price of rhodium has approached $14,000.00 . Today it can be bought for a fraction of its then value. The main exporters of rhodium are South Africa (about 80% in 2010) and Russia . World annual rhodium mining is estimated at around 30 tonnes , most of which is used in production, making rhodium in bar form rare and uncommon. It is worth noting that these bars are minted by the renowned and world-renowned Baird Mint & Co. , a member of the London Bullion Market. Delivery time: 24h