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

Profit-taking by holders of ETFs as gold hit a record of over $5,000 an ounce also weighed on the precious metal.

From Barron's • Apr. 3, 2026

“The precious metal appears to have found some support near $4,500 an ounce, with investors taking advantage of cheaper gold as inflation worries weighed on the metal,” analysts at ANZ said.

From The Wall Street Journal • Mar. 31, 2026

The firm recommends investors that who like gold allocate a mid-single-digit percentage of their portfolio to the precious metal as a hedge and a way to diversify.

From Barron's • Mar. 31, 2026

Instead, the precious metal has fallen 15% in the past month and is down 21% from its intraday peak on January 28.

From MarketWatch • Mar. 27, 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