Precious metal Precious metal A precious metal is a rare, naturally occurring metallic chemical element of high economic value. Chemically, the precious metals tend to be less reactive than most elements (see noble metal). They are usually ductile and have a high lustre. Historically, precious metals were important as currency but are now regarded mainly as investment and industrial commodities. Gold, silver, platinum, and palladium each have an ISO 4217 currency code. The best known precious metals are the coinage metals, which are gold and silver. Although both have industrial uses, they are better known for their uses in art, jewelry, and
Ordo Aurum Solis Ordo Aurum Solis. As Sumerian and Egyptian magic also found their place in the clear system of the ancient Greek Mysteries, the Western initiatic tradition was born. Just before the dawn of the 20th century, there were a number of "antiquarian" and "folklore" societies in England that chronicled curiosities and pursued their own chosen researches. One such society was known as the "Societas Rotae Fulgentis" (i.e., “Society of the Blazing Wheel”) and had been slowly amassing a wealth of knowledge and research from its various antecedents in the Ogdoadic Tradition. To this society belonged two dedicated occultists, Charles Kingold and