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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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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.


How heavy is platinum compared to other precious metals?

Platinum is heavier than other precious metals like gold and silver. It has a density that is about 21 times greater than water, making it one of the densest precious metals.


Which three metals are precious?

Gold, silver, and platinum are considered precious metals due to their rarity, high economic value, and various industrial uses.


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.


What is the color of platinum and how does it differ from other precious metals?

Platinum is a silvery-white color and differs from other precious metals like gold and silver because it is denser, more durable, and more resistant to corrosion.


Why are gold silver and platinum are called noble metals?

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


What is the opposite of precious metal?

The opposite of precious metal is base metal. Base metals are more common and less valuable than precious metals such as gold, silver, and platinum. Examples of base metals include copper, lead, and zinc.


What about other precius metals accept gold?

Other precious metals include silver, platinum, and palladium. These metals are also highly valued for their rarity, beauty, and various industrial applications. Investors often diversify their portfolios with these precious metals to hedge against economic uncertainties.


What does the assay office in Birmingham do?

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