LeoGlossary: Precious Metals
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leoglossary
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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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