Metals in general have superior electric and thermal conductivity, high luster and density, and the ability to be deformed under stress without cleaving.[1] While there are several metals that have low density, hardness, and melting points, these (the alkali and alkaline earth metals) are extremely reactive, and are rarely encountered in their elemental, metallic form[1].


Density
The majority of metals have higher densities than the majority of nonmetals[1]. Nonetheless, there is wide variation in the densities of metals; lithium is the least dense solid element and osmium is the densest. The metals of groups I A and II A are referred to as the light metals because they are exceptions to this generalization[1]. The high density of most metals is due to the tightly-packed crystal lattice of the metallic structure. The strength of metallic bonds for different metals reaches a maximum around the center of the transition series, as those elements have large amounts of delocalized electrons in a metallic bond. However, other factors (such as atomic radius, nuclear charge, number of bonding orbitals, overlap of orbital energies, and crystal form) are involved as well.[1]

Electric charge
When considering the exact band structure and binding energy of a metal, it is necessary to take into account the positive potential caused by the specific arrangement of the ion cores - which is periodic in crystals. The most important consequence of the periodic potential is the formation of a small band gap at the boundary of the brillouin zone. Mathematically, the potential of the ion cores is treated in the nearly-free electron model.


Alloys
Main article: Alloy
An alloy is a mixture of two or more elements in solid solution in which the major component is a metal. Most pure metals are either too soft, brittle or chemically reactive for practical use. Combining different ratios of metals as alloys modifies the properties of pure metals to produce desirable characteristics. The aim of making alloys is generally to make them less brittle, harder, resistant to corrosion, or have a more desirable color and luster. Examples of alloys are steel (iron and carbon), brass (copper and zinc), bronze (copper and tin), and duralumin (aluminium and copper). Alloys specially designed for highly demanding applications, such as jet engines, may contain more than ten elements.


Categories

Base metal
Main article: Base metal
In chemistry, the term ‘base metal’ is used informally to refer to a metal that oxidizes or corrodes relatively easily, and reacts variably with dilute hydrochloric acid (HCl) to form hydrogen. Examples include iron, nickel, lead and zinc. Copper is considered a base metal as it oxidizes relatively easily, although it does not react with HCl. It is commonly used in opposition to noble metal.

In alchemy, a base metal was a common and inexpensive metal, as opposed to precious metals, mainly gold and silver. A longtime goal of the alchemists was the transmutation of base metals into precious metals.

In numismatics, coins used to derive their value primarily from the precious metal content. Most modern currencies are fiat currency, allowing the coins to be made of base metal.


Ferrous metal
Main article: Ferrous and non-ferrous metals
The term “ferrous” is derived from the latin word meaning “containing iron”. This can include pure iron, such as wrought iron, or an alloy such as steel. Ferrous metals are often magnetic, but not exclusively.


Noble metal
Main article: Noble metal
Noble metals are metals that are resistant to corrosion or oxidation, unlike most base metals. They tend to be precious metals, often due to perceived rarity. Examples include tantalum, gold, platinum, and rhodium.


Precious metal
Main article: Precious metal


A gold nugget

A precious metal is a rare metallic chemical element of high economic value.

Chemically, the precious metals are less reactive than most elements, have high luster and high electrical conductivity. 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 gold and silver. While both have industrial uses, they are better known for their uses in art, jewelry, and coinage. Other precious metals include the platinum group metals: ruthenium, rhodium, palladium, osmium, iridium, and platinum, of which platinum is the most widely traded. Plutonium and uranium could also be considered precious metals.

The demand for precious metals is driven not only by their practical use, but also by their role as investments and a store of value. Palladium was, as of summer 2006, valued at a little under half the price of gold, and platinum at around twice that of gold. Silver is substantially less expensive than these metals, but is often traditionally considered a precious metal for its role in coinage and jewelry.