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However, in the present era, things have changed,
and these metals are now considered to be a great investment
and are used in large scale production to manufacture goods
and commodities for industrial usage.
Out of all the metals, gold, silver, platinum and palladium
each have an ISO 4217 currency code.
Undoubtedly, the most admired precious metals are gold and
silver.
Both are used to make industrial commodities, but apart
from that, they are popularly known for their uses in art,
jewelry, and coinage.
Platinum group metals such as ruthenium, rhodium, palladium, osmium,
iridium, and platinum, of which platinum is the most widely traded
are some of the other metals commonly used to produce elegant articles
for decoration. |