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EX
C
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Industrial
U

Demand for
Gold
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INDUSTRIAL DEMAND FOR GOLD

1. Only between 10 and 15 per cent of the


annual gold production is used for industrial
purposes

2. Between 2008 and 2009 industrial demand


for gold dropped by 13 per cent
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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.
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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.
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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
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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
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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
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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
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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.
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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
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