The phrase "price of the metal" refers to the cost or value of a particular type of metal. It indicates how much money people are willing to pay for that metal in the market. Full definition
The «bet» on the future prices of metals is not a measure of science knowledge or anything else. (tierneylab.blogs.nytimes.com)
When you own physical gold the only concern you have is the actual price of the metal based on global supply and demand. (stockmonkeys.com)
The low price of the metals used to produce the new steel means that the price will be closer to that of standard steel, Russell says, so automakers could use it to lighten their loads without driving up costs. (sciencemag.org)