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One of the Rarest Precious Metals Is on Best Run in a Decade

  • Rhodium rose for past seven months, beating most commodities
  • Analysts point to more industrial demand, particularly cars
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Photographer: Alexander Koerner/Getty Images
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Rhodium’s on the best run in a decade on expectations of more demand for the material that’s used in cleaning toxic car emissions.

One of the rarest precious metals, it climbed the past seven months and is up 19 percent this year, outperforming most major commodities. Mostly used alongside palladium in gasoline autocatalysts, prices have rebounded from a 12-year low set in July.