Precious metals(redirected from precious metal)
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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.
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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.
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