A precious metal is a rare, naturally occurring metallic chemical element of high economic value. Chemically, precious metals have high luster, higher melting points, are softer and less reactive than most elements. Historically, precious metals were important as currency, but are now regarded mainly as an investment. The precious metals are gold, platinum, silver and palladium in their pure state.
Precious Metals
A precious metal is a rare, naturally occurring metallic chemical element of high economic value. Chemically, precious metals have high luster, higher melting points, are softer and less reactive than most elements. Historically, precious metals were important as currency, but are now regarded mainly as an investment. The precious metals are gold, platinum, silver and palladium in their pure state.