Definition of precious metals in US English:

precious metals

plural noun

  • Gold, silver, and platinum.

    • ‘There were long periods when you were backed by gold and other precious metals.’
    • ‘Prominent among them has been a sharp rise in the price of gold and in other precious metals such as platinum.’
    • ‘Palladium is generally alloyed with other precious metals, such as gold and silver, as well as with copper.’
    • ‘The colony was relatively wealthy and embellishments with precious metals and jewels became the norm.’
    • ‘In times of crisis, people have a tendency to turn to cash or precious metals like gold.’
    • ‘While equities languish, precious metals such as gold have seen their value soar as investors seek a safe haven during uncertain times.’
    • ‘Only individuals here and there will be able to prepare for that coming crash, and gold and precious metals will be their means of doing so.’
    • ‘As with most precious metals, in time silver will oxidize.’
    • ‘Gold and precious metals will be the store of value of choice according to the function it fulfills best.’
    • ‘The theory behind the excess gold is that the precious metal's increase in value over the decades meant that the Swiss National Bank had twice as much as it needed to back the Swiss franc.’
    • ‘Silver is a precious metal because it lasts, holding its beauty over time through all kinds of geologic pressures.’
    • ‘There is another way to invest in gold without buying the precious metal itself - through a unit trust.’
    • ‘This is often a precious metal, although platinum is the metal which is widely used for most catalytic converters.’
    • ‘He and his colleagues achieved their market pre-eminence by persevering with gold when precious metals were unloved in the late 1990s.’
    • ‘The earliest pins were made of precious metals such as gold and silver.’
    • ‘A decline in the value of the US unit against other currencies tends to boost gold prices because the precious metal is priced in dollars on world markets.’
    • ‘Prices have doubled in the past year, often selling at a premium to other precious metals such as platinum.’
    • ‘Due to its rarity, platinum is an excellent precious metal to invest in.’
    • ‘Lamps in olden times were made of commonly available metals including gold and other precious metals and stones.’
    • ‘Just forget about buying and owning gold and other precious metals in privacy, as you have been able to do until now.’
    riches, valuables, jewels, gems, gold, silver, money, cash
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