Meaning of the word "precious metal" in English

What does "precious metal" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

precious metal

US /ˈpreʃ.əs ˌmet.əl/
UK /ˈpreʃ.əs ˌmet.əl/
"precious metal" picture

Noun

1.

a metal that is rare and has a high economic value, such as gold, silver, and platinum

Example:
Gold is a highly valued precious metal.
Investors often turn to precious metals during economic uncertainty.
Synonym:
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