Metals like gold, silver and platinum are known as which of the follow...
Metals like gold, silver, and platinum are known as **precious minerals**. Let's understand why this is the correct answer.
**Ferrous minerals**:
- Ferrous minerals are those that contain iron as their main component, such as iron ore and manganese.
- Gold, silver, and platinum do not contain iron as their main component, so they cannot be classified as ferrous minerals.
- Therefore, option 'A' is incorrect.
**Non-ferrous minerals**:
- Non-ferrous minerals are those that do not contain iron as their main component.
- Gold, silver, and platinum fall under this category as they do not contain iron.
- However, not all non-ferrous minerals are precious. There are other non-ferrous minerals like copper, zinc, aluminum, etc. that are not classified as precious minerals.
- Therefore, option 'B' is incorrect.
**Non-metallic minerals**:
- Non-metallic minerals are those that do not contain metals.
- Gold, silver, and platinum are metals, so they cannot be classified as non-metallic minerals.
- Therefore, option 'C' is incorrect.
**Precious minerals**:
- Precious minerals are rare and valuable minerals that are highly sought after for their beauty, rarity, and economic value.
- Gold, silver, and platinum are considered precious minerals due to their aesthetic appeal, durability, and use in various industries such as jewelry, electronics, and chemical catalysts.
- These minerals are often associated with luxury and have a high market value.
- Therefore, option 'D' is the correct answer.
In conclusion, metals like gold, silver, and platinum are classified as precious minerals because of their rarity, value, and wide range of applications.
Metals like gold, silver and platinum are known as which of the follow...
D is the correct option.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 coinage.