Difference between revisions of "Precious metal"
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| − | A '''precious metal''' is a rare, naturally occurring [[metal]]lic chemical element of high economic value. Chemically, the precious metals are less reactive than most elements, have high | + | A '''precious metal''' is a rare, naturally occurring [[metal]]lic chemical element of high economic value. Chemically, the precious metals are less reactive than most elements, have high luster, are softer or more ductile, and have higher melting points than other metals. Historically, precious metals were important as currency but are now regarded mainly as investment and industrial commodities. |
Precious metals include [[gold]], [[silver]], [[platinum]], [[ruthenium]], [[rhodium]], [[palladium]], [[osmium]], [[iridium]] and [[rhenium]]. | Precious metals include [[gold]], [[silver]], [[platinum]], [[ruthenium]], [[rhodium]], [[palladium]], [[osmium]], [[iridium]] and [[rhenium]]. | ||
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| + | ==See Also== | ||
| + | * [[Inflation hedge]] | ||
| + | * [[Fiat currency]] | ||
[[Category:Metals]] | [[Category:Metals]] | ||
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| + | ==References== | ||
| + | {{reflist|2}} | ||
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| + | [[Category:Survivalism]] | ||
Revision as of 01:06, December 5, 2014
A precious metal is a rare, naturally occurring metallic chemical element of high economic value. Chemically, the precious metals are less reactive than most elements, have high luster, are softer or more ductile, and have higher melting points than other metals. Historically, precious metals were important as currency but are now regarded mainly as investment and industrial commodities.
Precious metals include gold, silver, platinum, ruthenium, rhodium, palladium, osmium, iridium and rhenium.
See Also