Commodities

Precious Metal

Definition

What is Precious Metal?

A scarce metal commonly held for industrial use, jewellery, or investment.

Example in practice

Gold, silver, platinum, and palladium are precious metals.

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A precious metal used as jewellery, an industrial input, a reserve asset, and an investment.

A precious metal with both investment demand and extensive industrial use.

Precious metal in standardised bars, ingots, or coins valued mainly by metal content.

A company that finances producers in exchange for a percentage of revenue or output.

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