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Gold, silver, and platinum have been called "precious metals" because they are metals and were used to make coins (money) in the days when money had to be made of something that was considered to be valuable in themselves. Thus, as coins they were valuable or precious

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Q: Why are gold silver and platinum called precious metals?
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Related questions

Which three metals are generally called precious?

gold, silver, platinum


Precious metals are gold silver and what?

And palladium, iridium, rhodium, platinum, ruthenium, rhenium osmium


The precious metals are gold silver and what?

Gold, silver, and platinum.


What are some example of the precious metals?

Gold and Silver are the best known precious metals. Others are ruthenium, rhodium, palladium, osmium, iridium, and platinum. A metal is considered precious if it is rare.


What precious metals does Kitco track?

Kitco tracks a variety of precious metals, including gold, silver, and bronze. Other metals tracked by Kitco include cadmium, palladium, and platinum.


Why are gold silver and platinum are called noble metals?

These metals (especially platinum and gold) are less chemically reactive.


What does the assay office in Birmingham do?

Assay Offices test precious metals (gold, silver and platinum) and apply hallmarks.


What are some precious metals other than gold?

Generally when we speak of precious metals we think of Platinum, Gold, and Silver. In a broader sense, however, the "precious metals" currently traded on the Precious Metals Exchanges includes not only those 3 metals but also palladium, iridium, rhodium, osmium, and ruthenium. Historically Aluminum was once considered a precious metal because of the difficulty of refining it to its pure form. Modern refining methods have caused a precipitous drop in its price since the 1800s to where it is now one of the cheapest metals.


What is a pennyweight?

A pennyweight is one-twentyith of a troy ounce. Troy ounces are used for precious metals such as gold, silver and platinum.


What are the four main precious stones?

Emerald,topaz,beryl,diamond. There are various other gemstones which are costly but when combined in a perfect jewelry piece looks beautiful and elegant. There are various online sites like Fortrove.com and others which are selling beautiful and vintage jewelry at affordable price. You can have a look at the designs into which various gemstones are being fixed elegantly.


What are the some example of metal?

Gold and Silver are the best known precious metals. Others are ruthenium, rhodium, palladium, osmium, iridium, and platinum. A metal is considered precious if it is rare.


Is silver a precious metals?

Yes.