Precious metals are rare chemical elements that occur naturally, having high economic value.
Gold, silver, platinum, palladium and rhodium are a few of the most popular precious metals
Gold is one of the most desirable and sought-after precious metals. It is a chemical element that is soft, malleable and durable. Gold is often mixed with additional elements to create an alloy.
Of all the precious metals, silver conducts heat and electricity best. It is malleable and ductile, although it is harder than gold.
Platinum is one of the rarest precious metals. It is white in appearance and looks similar to silver. It is very strong and durable and is resistant to corrosion and oxidization.
Palladium is a precious metal that is part of the platinum family. It has many of the same characteristics as platinum; it has a similar appearance but is soft and ductile. However, it is the least dense of these five precious metals and has the lowest melting point of all the platinum metals.
Rhodium is another member of the platinum family. Once again, its appearance is very similar to platinum and it shares many characteristics, including its rarity. Rhodium resists corrosion, making it a highly desired metal that is used in jewelry and the medical industry.