Understanding the Rarity and Value Factors behind Precious Metals.
Investing

Understanding the Rarity and Value Factors behind Precious Metals.

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There are More Metals Than You Might Expect

According to the Royal Society of Chemistry, there are 94 metals. Of them all, gold is perhaps the most well-known. It can be found on the periodic table with the symbol “Au.” However, unlike most of the metals listed on the periodic table, gold is considered a “precious” metal.

All Precious Metals Are on the Same List

Gold is one of the eight precious metals. The other seven precious metals are silver, platinum, palladium, rhodium, iridium, osmium and ruthenium. Most metals don’t make the cut, including well-known ones like bronze, steel and iron.
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