Precious Metal

Example Definitions of "Precious Metal"
Precious Metal. Shall mean gold having a fineness of not less than .9995 without regard to whether such gold is alloyed or unalloyed, in billion form, or is contained in or processed into other materials which contain elements other than gold.
Precious Metal. Means gold bullion, having a minimum degree of fineness of ninety-nine and 99/100 percent (99.99%).
Precious Metal. Means silver, having a minimum degree of fineness of ninety-nine and 90/100 percent (99.90%).
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