All Spells
Arcane | Divine | Occult | Primal
Focus Spells | Rituals

Precious MetalsFocus 4

Source Core Rulebook pg. 395
Cast Single ActionSingle Action material
Range touch; Targets 1 metal weapon, up to 10 pieces of metal or metal-tipped ammunition, 1 suit of metal armor, or up to 1 bulk of metal material (such as coins)
Duration 1 minute
Your deity blesses base metals to transform them into precious materials. The target item transforms from its normal metal into cold iron, copper, gold, iron, silver, or steel (the details for these metals are found on pages 577–579). An item transmuted in this way deals damage according to its new material. For example, a steel sword transmuted to cold iron would deal additional damage to a creature with a weakness to cold iron.

This change is clearly magical and temporary, so the item's monetary value doesn't change; you couldn't transmute copper coins to gold and use those coins to purchase something or as a cost for a spell.
Heightened (8th) Add adamantine (page 578) and mithral (page 579) to the list of metals you can transform the item into.