Essential Glossary of Gold and Precious Metals

The spot price of gold is typically the base price of one troy ounce of gold in any form.

Platinum Group Metals (PGMs) are a group of six metallic elements that are typically found together in nature

Silver is a precious metal with the chemical symbol Ag and atomic number 47 (Argentum in Latin).

A chemical element with the symbol Rh and atomic number 45

Although the two terms melting and smelting sound similar

Bullion refers to a physical form of a precious metal that is valued based on its metal content and purity

A catalytic converter is a device that is a part of a car’s exhaust system

Ruthenium is a rare, silvery-white metal that belongs to the platinum group of metals

The periodic table is a chart that arranges all of the known elements