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    pre·cious met·als
    [ˌpreSHəs ˈmedlz]
    noun
    precious metal (noun)
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  4. Precious metals are metals that are rare and have a high economic value, due to various factors, including their scarcity, use in industrial processes, and role throughout history as a store of value. The most popular precious metals with investors are gold, platinum, and silver.

    www.investopedia.com/terms/p/preciousmetal.asp
    A metal is deemed to be precious if it is rare. The discovery of new sources of ore or improvements in mining or refining processes may cause the value of a precious metal to diminish. The status of a "precious" metal can also be determined by high demand or market value.
    en.wikipedia.org/wiki/Precious_metal
     
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    Precious metal - Wikipedia

    Precious metals are rare, naturally occurring metallic chemical elements of high economic value. Precious metals, particularly the noble metals, are more corrosion resistant and less chemically reactive than most elements. They are usually ductile and have a high lustre. Historically, precious metals were … See more

    A metal is deemed to be precious if it is rare. The discovery of new sources of ore or improvements in mining or refining processes may cause the value of a precious metal to diminish. The status of a "precious" metal … See more

    Aluminium is now commonplace but was considered to be a precious metal until the late 1800s. Although aluminium is the third most abundant element See more

    Precious Metals Fraud US Commodity Futures Trading Commission Precious Metals Fraud Advisory See more

     
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    WEBPrecious metals are metals that are expensive and rare, either because of their usage in, for example, industry, or their scarcity. Some precious metals, such as gold or silver, historically have had significant store value.

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