This Exists: A Rhodium ETF - Business Insider
Có thể bạn quan tâm
- Business
- Strategy
- Economy
- Finance
- Retail
- Advertising
- Careers
- Media
- Real Estate
- Small Business
- Tech
- Science
- AI
- Sustainability
- Enterprise
- Transportation
- Startups
- Innovation
- Markets
- Stocks
- Indices
- Commodities
- Crypto
- Currencies
- ETFs
- Lifestyle
- Entertainment
- Culture
- Travel
- Food
- Health
- Parenting
- Reviews
- Tech
- Streaming
- Home
- Kitchen
- Style
- Beauty
- Pets
- Gifts
- Deals
- Politics
- Military & Defense
- Law
- Education
- Personal Finance
- Banking
- Credit Cards
- Investing
- Loans
- Mortgages
- Video
- Big Business
- Food Wars
- So Expensive
- Explainers
- News
- Still Standing
- Boot Camp
- All
- A-Z
- Advertising
- AI
- Banking
- Business
- Careers
- Commodities
- Credit Cards
- Crypto
- Culture
- Currencies
- Economy
- Education
- Enterprise
- Entertainment
- ETFs
- Finance
- Food
- Health
- Indices
- Innovation
- Investing
- Law
- Lifestyle
- Loans
- Markets
- Media
- Military & Defense
- Mortgages
- Parenting
- Personal Finance
- Politics
- Retail
- Reviews
- Small Business
- Science
- Startups
- Stocks
- Strategy
- Sustainability
- Tech
- Transportation
- Travel
- Video
- Featured
- Talent Insider
- About
- About
- Advertise
- Careers
- Code of Ethics
- Contact Us
- Corporate
- Corrections Policy
- Follow
- RSS
- Sitemap
- YouTube
- Subscriptions
- Intelligence
From Canaccord Wealth Management's "Morning Coffee" word of a brand new ETF:
AdvertisementThe first of its kind...This week, Deutsche Bank announced a Physical Rhodium ETF (XRHO: LN). The product is 100% backed by physical rhodium and is designed to track the U.S. dollar spot price less fees. A note from the bank indicates that this ETF allows investors to directly access rhodium spot returns in a “simple, secured and liquid manner.” The ETF is linked to the rhodium spot price and is back by allocated rhodium. The global rhodium market in only 750,000 oz of demand per year – or $1.5 billion. Therefore, with the new ETF opening up the relatively illiquid market to speculators, a significant rise in the price of rhodium could be just around the corner. Rhodium is primarily used (80% of demand) in three-way catalysts (for engines), and some are speculating that since the announcement of the rhodium ETF the automobile producers have likely been in the market buying as much rhodium as they can – explaining the recent uptick in the rhodium price. In relation to producers, rhodium accounts for approximately 10% of PGM production and even more on a revenue basis due to the rhodium price being higher than the PGM basket price. A spike in the rhodium price could be a material boost to earnings for PGM producers.
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in.Read next
![Insider Today](/public/assets/BI/US/logos/newsletters/insider-today-logo.png)
![Bull](/public/assets/rebrand/newsletter-bull.png)
![Bull](/public/assets/rebrand/newsletter-bull.png)
Jump to
- Main content
- Search
- Account
Từ khóa » Xrho.l
-
XRH0.L - Db Physical Rhodium ETC - Yahoo Finance
-
XRH0 Quote - Xtrackers Physical Rhodium ETC Fund - Bloomberg ...
-
DEUTSCHE BANK XRH0 Stock - London Stock Exchange
-
Physical Rhodium ETC - Xtrackers ETFs
-
Db Physical Rhodium ETC Share Price | Fundamentals And Charts - IG
-
Contact Information TOYOBO Biochemical Department TOYOBO
-
Activation By Glutathione In Hypoxic Environment Of An Azo‐based ...
-
XRH0 Stock Fund Price And Chart — LSE:XRH0 - TradingView
-
Db Physical Rhodium ETC, XRH0:LSE:USD Summary
-
[PDF] Synergism Of Radio-Frequency Current Drive With The Bootstrap ...
-
0000950103-15-004190.txt