precious metals
Definition
Gold, iridium, osmium, palladium, platinum, rhodium, ruthenium, silver, and their alloys, in forms such as bars, foils, leaves, powder, sheets, solutions, and wire. As investment instruments, precious metals (as physical metals or as futures or options contracts) are considered a protection (hedge) against inflation.
precious metals is in the Accounting & Auditing, Banking, Commerce & Finance, Commodities & Precious Metals Trading and Investing subjects.
precious metals appears in the definitions of the following terms: monetary reserve, hedging, bullion, liquid asset, asset allocation fund, asset allocation and avoirdupois weight
precious metals appears in these other term: refined precious metals
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