precious metal

American  

noun

1. a metal of the gold, silver, or platinum group.

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precious metal British  

noun

1. any of the metals gold, silver, or platinum

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Example Sentences

Because buyers stepped in near key support levels between roughly $4,000 and $4,340—levels that have held multiple times over the past year—the precious metal may be positioned to sustain its longer-term bull market.

From Barron's • Apr. 2, 2026

UBS has an end-of-year gold target of $5,600 per ounce, based primarily on the assumption that investors will continue to want to diversify their portfolios with purchases of the precious metal.

From MarketWatch • Mar. 30, 2026

Although the precious metal has historically been used as a hedge against inflation, the current market narrative is that inflation expectations fueled by surging oil prices have boosted yields on 10-year U.S.

From MarketWatch • Mar. 26, 2026

Still, the lift to silver and gold—the latter of which is now on course to snap out of a 5-day losing streak —could boost the bottom line for precious metal mining companies.

From Barron's • Mar. 25, 2026

I vowed to extract the last gram of precious metal even if it meant I had to crush the hills with my own hands and grind the rocks with my feet.

From "The House of the Spirits: A Novel" by Isabel Allende