A number of economic and industrial factors affect the price of platinum group metals (PGMs), namely platinum, palladium and rhodium, and subsequently the price of scrap catalytic converters. A hedge ...

* Price rally expected to boost scrap supply in long term . By Frank Tang . NEW YORK, May 22 (Reuters) - U.S. scrap palladium supplies tightened as junkyards, hoping to capitalize on higher prices, ...

Christian said there's a "misconception" that the platinum market is really tight on supply and that producers and scrap refiners can't keep up with demand, and that therefore prices should be higher.

The UE BidTool allows users to insert a vehicle identification number or select a year, make, model and engine configuration, and the system will return the total number of catalytic converters on ...

Gold prices are elevated, but are other precious metals a better ... platinum has bounced around between roughly $700 and $1,2000 per ounce since early 2015, notes Earle. "The same goes for ...

Silver and platinum are seeing a run-up in prices while gold prices idle. This year’s returns on silver, at 26.8%, have inched slightly above gold, according to the prices of two popular ...

Average prices for platinum and rhodium are expected to rise by 1% and 8%, respectively, this year, while palladium will see a 5% price reduction, consultancy Metals Focus said on Monday.

Prices for the metals soared on the move. Palladium futures PA00 rose 8.3% to about $2,407 a troy ounce following the suspension. Platinum futures PL00 rose 2.5% to $981.30 a troy ounce.

The price of platinum is currently $941.90 per ounce, while the price of palladium is $955.50 per ounce. Diversification: If you're invested heavily in the stock market, platinum can be a good way ...