What is Explainable Artificial Intelligence (XAI)

Recent advances in deep learning methodology led to artificial intelligence (AI) performance achieving and even surpassing human levels in an increasing number of complex tasks. There are many impressive examples of this development such as image classification, sensitivity analysis, speech understanding, or strategic gaming. The estimations based on the AI methods do not give any certain information due to the lack of transparency for the visualization, explanation, and interpretation of deep learning models which can be a major disadvantage in many applications. This chapter discusses studies on the prediction of precious metals in the financial field that need an explanatory model. Traditional AI and machine learning methods are insufficient to realize these predictions. There are many advantages to using explainable artificial intelligence (XAI), which enables us to make reasonable decisions based on inferences. In this chapter, the authors examine the precious metal prediction by XAI by presenting a comprehensive literature review on the related studies.