ELI5: Explain Like I'm 5

Precious metals

Precious metals are special kinds of metals that are very rare and valuable. Precious metals are usually shiny and bright and have been used for hundreds of years for different things. They are often used to make jewelry or coins but they are also very popular in industry because they are strong and not easy to damage. The most common precious metals are gold, silver, platinum, and palladium. Gold is the most valuable and it is most often used to make jewelry and coins. Silver is also very popular and can be found in jewelry and coins. Platinum and palladium are not as popular but they are highly valued for their strength and durability. They are often used in high-end electronics and other specialized items.