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Precious Metals Definition

By Team MeaningKosh

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:

2. Precious metal - Wikipedia

https://en.wikipedia.org/wiki/Precious_metal
Precious metal - WikipediaPrecious metals are rare, naturally occurring metallic chemical elements of high economic value. Chemically, the precious metals tend to be less reactive ...

https://www.law.cornell.edu/cfr/text/31/1027.100
31 CFR § 1027.100 - Definitions. | CFR | US Law | LII / Legal ...Refer to § 1010.100 of this chapter for general definitions not noted herein. ... (2) Precious metals (as defined in paragraph (d) of this section);.

10. noble metal | Definition, List, & Facts | Britannica

https://www.britannica.com/science/noble-metal
noble metal | Definition, List, & Facts | Britannicanoble 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.

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