Rhodium, the world’s most precious metal is on an astounding rally since the start of 2020. Under just around 10 days to the start of the year, the rhodium metal price has surged more than 32% so far.The costliest metal started 2020 with its price around $5500 per ounce. However, in the last days, it has been on a massive price rally. The rhodium price is currently trading around $7900 levels.Analysts are suggesting that the metal commodities have recently shot due to rising geopolitical...
Read More »Nornickel to Dive into the Digital World
The chief of Norilsk Nickel, Vladimir Potanin, whose company is planning to issue stablecoins backed by palladium by the end of this year, made a statement about the “good level of communication with the Bank of Russia,” regarding digital asset legalization.A Russian billionaire, Vladimir Potanin, promotes more active usage of blockchain technologies and digital assets in the industry. The businessman expects new laws for digital financial assets in the near future.“The industrial companies...
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