Platinum-group metal (PGM) rhodium recently “astounded” the global market by reaching $8 200/oz on January 8, before pulling back slightly, marking a 32% rise in the first few days of this year, and a 225% rise year-on-year, Afriforesight precious metals and related commodities head Jason Welz has said. Simultaneously, palladium is up 9% so far this year and up 60% year-on-year, while platinum has lagged, falling by 2% in the year-to-date but increasing 15% year-on-year.
