precious metals

precious metals definition - finance
A group of metals that are expensively priced relative to other metals, such as base metals. Precious metals include gold, silver, platinum, and palladium. Gold is especially valued, because its value is resistant to political turmoil and falling currency values.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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