Akademik

precious metals
Gold, silver, platinum, and palladium, which are used for their intrinsic value or for their value in production. These may be traded either in their physical state or by way of futures and options contracts, mining company stocks, bonds, mutual funds, or other instrument. Bloomberg Financial Dictionary

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   There are eight precious or noble metals - gold, silver, platinum, palladium, rhodium, iridium, osmium and ruthenium. The latter four are co-products of platinum and palladium. ► See also Base Metals, Minor Metals.

Financial and business terms. 2012.