Why shields made of iron usually provided around precision instruments?

Why shields made of iron usually provided around precision instruments?

عام طور پر صحت سے متعلق آلات کے آس پاس فراہم کردہ لوہے سے بنی ڈھالیں کیوں؟
Explanation

Iron is a magnetic material that can absorb and redirect magnetic field lines.

It shields precision instruments from external magnetic interference that could affect their accuracy.