Precious Metals

Precious metals are rare, naturally occurring metallic elements that have significant economic value and are typically characterized by their luster, resistance to corrosion, and high melting points. The most commonly recognized precious metals include gold, silver, platinum, and palladium. These metals are often used in various applications, including jewelry, electronics, currency, and investments, due to their rarity, desirable physical properties, and inherent value. Precious metals are also seen as a hedge against inflation and economic instability, making them popular choices for investors. Their prices can fluctuate based on market demand, mining supply, and geopolitical factors, contributing to their allure in the financial markets.