The Valuable Metals: A Guide to Gold, Silver, and Other Valuables

By Walters Co-op Elevator Assn, as featured on Walters Scoop

What are Precious Metals and Why Do They Matter?

Precious metals, such as gold and silver, have been valued for centuries due to their rarity, durability, and versatility. These metals play a crucial role in various industries, including finance, technology, and jewelry-making.

Types of Precious Metals

• Gold: Known for its attractive yellow color and high melting point, gold is often used in coins, jewelry, and electronics.
• Silver: With a higher conductivity than copper, silver is commonly used in electronics, photography, and currency.

Uses of Precious Metals

Precious metals have numerous applications across industries. Some examples include:

1. Electronics:** Gold and silver are used in the production of microchips, computer components, and other electronic devices.
2. Currency:** Silver is often used as a form of currency due to its high melting point and resistance to corrosion.