Precious metals


Also found in: Dictionary, Thesaurus, Acronyms, Encyclopedia, Wikipedia.
Related to Precious metals: Precious stones

Precious metals

Gold, silver, platinum, and palladium, which are used for their intrinsic value or for their value in production. These may be traded either in their physical state or by way of futures and options contracts, mining company stocks, bonds, mutual funds, or other instrument.

Precious Metals

Rare or otherwise valuable metals. Metals are considered precious based upon their rarity, usefulness in industry, or history as an investment commodity. Examples of precious metals include iridium, gold, and silver. Precious metals are traded as commodities on various security exchanges. Many precious metals are volatile, like other commodities, but generally maintain relatively high prices.
References in periodicals archive ?
Through the websites coininvest.com and silver-to-go.com, CoinInvest GmbH and European Precious Metal Trading GmbH are European online providers of gold, silver, platinum, and palladium products to private individuals, institutional investors, and financial advisors.
It also sought comments on specific issues concerning composite gemstones, pearls, diamonds, and precious metal alloys.
The time has come in Kyrgyzstan for the state to adopt measures in order to form new alternative tools of savings of population and business entities and consequently development of payment systems using gold or silver bullions, development of hand-to-hand circulation of refined precious metals, attraction of investments into banking sector to increase attractiveness of commercial banks.
The vault, opened by Barclays in 2012, can reportedly hold up to 2,000 metric tons of gold and other precious metals, making it one of Europe's largest.
Main businesses of the group: Manufacture, sales, import and export of precious metals (platinum, gold, silver, and others) and various types of industrial precious metals products.
Increasing prices for coinage precious metals such as gold are anticipated to be one of the major factors driving the market as more and more consumers are purchasing gold as a mean of long terms investments.
* The precious metals & minerals market includes gold, silver, platinum, palladium and rhodium.
* The global precious metals & minerals industry had total revenues of $116,984.6m in 2013, representing a compound annual growth rate (CAGR) of 12.2% between 2009 and 2013.
This finding is based on exports from India of Natural or Cultured Pearls, Precious or Semi-Precious Stones, Precious Metals, Metals Clad with Precious Metal and its products export data of InfodriveIndia.com and is based on export shipping bills filed at Indian customs by exporters from India through December- 2014 at more than 170+ ports in India like JNPT, Bombay Air and Sea, Chennai Air & Sea, Delhi IGI Air, Delhi Tughlakhabad ICD, Delhi Patparganj, Kolkata Air and Sea, Bangalore Air and many more.
The Government of Kazakhstan has introduced a six-month ban on export of scrap and waste of precious metals and raw materials containing precious metals, the official media report Wednesday.
To remedy this, companies have been developing technologies to recover precious metals from the waste--which even includes dust.