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.

A precious metal is a naturally occurring metal of high economic value. Precious metal may also refer to:

• Precious Metal (aircraft), a custom-built racing aircraft
• Precious Metal (band), an American all-female band from the 1980s featuring Janet Robin
• "Precious Metal", an episode from
• "Precious Metals", a song by the Canadian indie pop group The Russian Futurists
• Precious Metal, a 2009 book by the publishers of  Decibel magazine.