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What exactly does the international precious metals market refer to?

The more common precious metals in the world are rhodium, platinum, gold, silver, ruthenium, iridium, and palladium.

What are precious metals?

The 109 elements that make up nature are divided into metallic elements, semi- Metallic elements, non-metallic elements and gaseous elements. There are 81 kinds of metallic elements.

Metal elements are divided into ferrous metals and non-ferrous metals.

Nonferrous metals are divided into nonferrous heavy metals, nonferrous light metals, precious metals, rare light metals, rare high melting point metals, scattered metals, rare earth metals, and natural radioactive metals based on the properties of the elements, their abundance in the earth's crust, and their uses. elements and man-made radioactive metal elements.

The precious metal elements are: osmium (Os), iridium (Ir), ruthenium (Ru), rhodium (Rh), platinum (Pt), palladium (Pd), gold (Au), silver (Ag) .

The international precious metal market refers to the market for trading precious metals such as gold, platinum and silver. There are futures and spot.