precious metal
noun phrase
Pronunciation: ˈprɛʃəs ˈmɛtəl
Definition
A rare, naturally occurring metallic chemical element of high economic value, typically used in jewelry, currency, or industrial applications.
Examples
Gold, silver, and platinum are the most widely traded precious metals on the global market.
The jeweler explained that the ring was crafted from a precious metal that resists corrosion and tarnishing.
Governments often hold reserves of precious metal to stabilize their national currency.
Synonyms of precious metal
Words with a similar meaning to precious metal:
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