LeoGlossary: Precious Metals

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Metals that are rare and can have high economic value due to various factors such as scarcity or industrial use.

They also are believed to be a hedge against inflation along with being a store of value.

The most common *precious metals in terms of investment:

Platinum Gold Silver

One of the big factors is they are corrosion resistant.

Other precious metals are:

Palladium Ruthenium Rhodium Iridium Osmium

They are under the category of commodities.

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