Precious metals

Precious metals are rare, naturally occurring metallic elements that hold significant economic value due to their unique properties and demand. The most common precious metals include gold, silver, platinum, and palladium. They are often used in jewelry, investments, and as industrial materials because of their rarity, luster, and resistance to corrosion. Precious metals have been used as a form of currency and a store of value throughout history, providing a hedge against inflation and economic uncertainty. Their market prices can fluctuate based on supply, demand, and geopolitical factors, making them important assets in financial markets.