Between 10 and 15 per cent of the annual gold production is used in the industry: From 2008 until 2009 industrial demand for gold dropped by 13 per cent ...
Between 10 and 15 per cent of the annual gold production is used in the industry: From 2008 until 2009 industrial demand for gold dropped by 13 per cent ...
Between 10 and 15 per cent of the annual gold production is used in the industry: From 2008 until 2009 industrial demand for gold dropped by 13 per cent ...
annual gold production is used for industrial purposes
2. Between 2008 and 2009 industrial demand
for gold dropped by 13 per cent 3
INDUSTRIAL DEMAND FOR GOLD
1. In 2010 the gold supply stood at 4108 tons
(2659 tons from mine production, neg. 116 tons hedging, 87 tons central banks sellings and 1653 gold recycling)
2. Demand from industry was 420 tons, or 10
per cent. 4
INDUSTRIAL DEMAND FOR GOLD
1. This is 287 tons for the electronics industry,
50 tons for dentistry, and 83 tons for other industrial purposes. In contrast, jewellery demand was 2060 tons. 5
INDUSTRIAL DEMAND FOR GOLD
1. Gold’s superior characteristics make it a
well-regarded metal for industrial purposes
2. For example, with one ounce of gold it is
possible to produce a thread of 150km
3. One ounce of gold can also be made into a
gold foil of 40m2 6
INDUSTRIAL DEMAND FOR GOLD
1. In the industry gold is mostly used for
electronics, optics and medicine
2. The advantages of this material are it is
highly conductivity, resistant to corrosion and lack of toxicity 7
INDUSTRIAL DEMAND FOR GOLD
1. In the electronic industry, gold is used for
wiring and as electrical connectors
2. Other uses are in the commercial chemistry
3. In dentistry, gold alloys are used in tooth
restorations 8
INDUSTRIAL DEMAND FOR GOLD
1. In medicine, gold can be applied as
conductive coating
2. As gold reflects infrared light 98%, this
metal is used as a coating on glasses and mirrors 9
INDUSTRIAL DEMAND FOR GOLD
1. Besides the increasing number of appliances
for gold in the industry, this demand also expands due to the strong economic performance of emerging countries
2. Currently, only the minority of gold is used
in industrialized countries. 10
INDUSTRIAL DEMAND FOR GOLD
1. Besides these uses, gold is, or will be used
for the following purposes: gold-based therapeutics, diagnostic technologies based on gold as catalysts in industrial processes for water purification and advanced consumer electronics 11
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