Precious metals definition

Precious metals means silver, gold, platinum, palladium, iridium, osmium, rhodium, and ruthenium.
Precious metals means gold, silver, platinum and palladium, whether in the form of bars, coins, ingots, rods, rounds, alloy, sponge, grain, scrap, or shot, in each case with a metal fineness threshold of at least 90% and otherwise consistent with generally accepted standards of quality in the precious metals industry.
Precious metals means gold, silver, and platinum.

Examples of Precious metals in a sentence

  • Where it is not possible for AU Vault to deliver to the Delivery Location [or upon request by the Buyer], AU Vault shall make the Precious Metals available to the Buyer on the agreed date at the agreed collection location (“Collection Location”).

  • If a Customer requires an alternative currency, the Buyer shall set up a separate account and shall be permitted to transfer Precious Metals across to a new account on request.

  • All other Accounts shall remain open and active as long as the Buyer holds any Precious Metals.

  • Where the Precious Metals are to be collected, collection will be completed at the point that the Precious Metals are made available for collection from the Collection Location.

  • The Buyer can close an Account, and either sell any Precious Metals or request delivery in accordance with these terms, at any time.


More Definitions of Precious metals

Precious metals means gold, silver and all platinum group metals.
Precious metals means gold, silver, platinum and platinoid metals in an unmanufactured state, and includes all such slimes, concentrates, slags, tailings, residues and amalgams as are valuable and contain such precious metals;
Precious metals means silver, gold, platinum, palladium, iridium, osmium, rhodium, and ruthenium. “Property” means all tangible property, both real and personal.
Precious metals means gold bullion, and may be in the form of a bar, any artefact, or any other form said to be gold, or other similar precious metal.
Precious metals means gold, silver, platinum, palladium, and their alloys as defined in N.J.S.A. 51:5-1 et seq. and N.J.S.A. 51:6-1 et seq.
Precious metals means gold, silver, or metal of the platinoid group, in the unmanufactured state, all ores containing such metal, but not including ores containing any such metal in combination with another mineral where such metal cannot be worked apart from such mineral and the value of such metal is less than the cost of producing both the metal and the mineral;
Precious metals means gold bullion, and may be in the form of a bar, any artefact, or any other form said to be gold, or other similar precious metal. DBS Bank Ltd., Singapore 7 Co. Reg. No. 196800306E