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Gold, likely the most famous precious metal.
 
Rhodium, a metal more expensive than gold.

Noun

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precious metal (countable and uncountable, plural precious metals)

  1. A rare metallic chemical element of high economic value, such as gold, platinum, palladium, or rhodium.
    • 2021 February 9, Hiroko Tabuchi, “Thieves Nationwide Are Slithering Under Cars, Swiping Catalytic Converters”, in The New York Times[1], →ISSN:
      The reason for the ruckus: A thief in the night had made off with the car’s catalytic converter, a critical emissions-control device that contains precious metals more valuable than gold.

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See also

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