Precious metals refer to the rare and costly elements that have a substantial value for many purposes such as industrial manufacturing, jewelry, and currency. These metals are mostly sourced from mining activities since they are scarce in nature and hence, considered valuable.
Table Of Content:
- Precious Metals Definition
- Precious metal - Wikipedia
- Precious metal Definition & Meaning - Merriam-Webster
- Definition of Precious Metals in the Interim Final Rule Requiring Anti ...
- 31 CFR § 1027.100 - Definitions. | CFR | US Law | LII / Legal ...
- Frequently Asked Questions | FinCEN.gov
- 31 CFR Part 1027 -- Rules for Dealers in Precious Metals ... - eCFR
- Regulatory Exclusions and Alternative Standards for the Recycling ...
- Precious metal Definition & Meaning | Dictionary.com
- noble metal | Definition, List, & Facts | Britannica
1. Precious Metals Definition
https://www.investopedia.com/terms/p/preciousmetal.asp
Precious metals are metals that are rare and have a high economic value, due to various factors, including their scarcity, use in industrial processes, ...
2. Precious metal - Wikipedia
https://en.wikipedia.org/wiki/Precious_metal
Precious metals are rare, naturally occurring metallic chemical elements of high economic value. Chemically, the precious metals tend to be less reactive ...
3. Precious metal Definition & Meaning - Merriam-Webster
https://www.merriam-webster.com/dictionary/precious%20metal
The meaning of PRECIOUS METAL is any of the less common and highly valuable metals (as gold, silver, and the platinum metals).
4. Definition of Precious Metals in the Interim Final Rule Requiring Anti ...
https://www.fincen.gov/resources/statutes-regulations/administrative-rulings/definition-precious-metals-interim-final-rule
Jun 8, 2012 ... Specifically, the gold or platinum group metals, or an alloy of these metals (collectively, “the metals”),3 contained in the finished good must ...
5. 31 CFR § 1027.100 - Definitions. | CFR | US Law | LII / Legal ...
https://www.law.cornell.edu/cfr/text/31/1027.100
Refer to § 1010.100 of this chapter for general definitions not noted herein. ... (2) Precious metals (as defined in paragraph (d) of this section);.
6. Frequently Asked Questions | FinCEN.gov
https://www.fincen.gov/resources/statutes-regulations/guidance/frequently-asked-questions-0
May 3, 2005 ... A dealer in jewels, precious metals, or precious stones is defined as a “financial institution” under the Bank Secrecy Act, and this regulation ...
7. 31 CFR Part 1027 -- Rules for Dealers in Precious Metals ... - eCFR
https://www.ecfr.gov/current/title-31/subtitle-B/chapter-X/part-1027
1027.100 Definitions. Refer to § 1010.100 of this chapter for general definitions not noted herein. To the extent there is a differing definition in ...
8. Regulatory Exclusions and Alternative Standards for the Recycling ...
https://www.epa.gov/hw/regulatory-exclusions-and-alternative-standards-recycling-materials-solid-wastes-and-hazardous
May 16, 2021 ... Materials Utilized for Precious Metal Recovery. Search the EPA Archive for the Definition of Solid Waste Compendium, Volume P: Precious Metals ...
9. Precious metal Definition & Meaning | Dictionary.com
https://www.dictionary.com/browse/precious-metal
Precious metal definition, a metal of the gold, silver, or platinum group. See more.
10. noble metal | Definition, List, & Facts | Britannica
https://www.britannica.com/science/noble-metal
noble metal, any of several metallic chemical elements that have outstanding resistance to oxidation, even at high temperatures; the grouping is not ...
Conclusion:
In conclusion, precious metal is highly valued due to its rarity and costliness making them desirable for many purposes such individuals opting for them as an investment option or using them for ornamental purpose like jewelry making among other uses.