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

As of Thursday’s close, the precious metal had erased nearly all of its 2026 gains.

From The Wall Street Journal • Mar. 27, 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

A weaker dollar makes the dollar-denominated precious metal more attractive for holders of non-dollar currencies.

From The Wall Street Journal • Mar. 25, 2026

Groves kept his promise: the precious metal was all returned to the Treasury, though the last of it was not transferred until 1968.

From "Big Science" by Michael Hiltzik