Precious metal refers to the relatively high price in the financial market, usually with special purposes, and is considered to be valuable to a certain extent. This kind of metal usually attracts much attention because of its unique properties, such as corrosion resistance, conductivity, rarity or application in specific industrial and scientific fields. The main precious metals include gold, silver, platinum and palladium.

Precious metals are widely used in investment and business fields. They are not only used in jewelry and art production, but also in high-tech industries such as electronics, medical equipment and automotive catalytic converters. Because some precious metals are stable under special conditions, they are also considered as safe-haven assets. When the economy is uncertain or inflation rises, investors may turn to these metals to preserve their value.

The ways to participate in the precious metal market include purchasing physical metals, investing in precious metal funds (ETFs) and futures trading. The prices of these metals are influenced by the relationship between supply and demand, the global economic situation and geopolitical factors.