Silver For The People

Silver Stackers Can End The Silver Manipulation And Stop The Criminal Banksters

Donate Bitcoin

17E4x7cWzLxKkUsa25tPMuZzTB7BKZPA9o

Donate Via Paypal

Disclaimer

ALL CONTENT ON 'SILVER FOR THE PEOPLE' AS WELL AS THE 'BROTHERJOHNF' YOUTUBE CHANNEL IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY. 'SILVER FOR THE PEOPLE' ASSUMES ALL INFORMATION TO BE TRUTHFUL AND RELIABLE; HOWEVER, THE CONTENT ON THIS SITE IS PROVIDED WITHOUT ANY WARRANTY, EXPRESS OR IMPLIED. NO MATERIAL HERE CONSTITUTES "INVESTMENT ADVICE" NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, COMMODITIES, OPTIONS, BONDS, FUTURES, OR BULLION. ACTIONS YOU UNDERTAKE AS A CONSEQUENCE OF ANY ANALYSIS, OPINION OR ADVERTISEMENT ON THIS SITE ARE YOUR SOLE RESPONSIBILITY.

Donate Via Paypal

Revolver Maps

Will Technology Spur Gold Demand?

sunshineprofits.com / ARKADIUSZ SIEROŃ / DECEMBER 7, 2017

This week, the WGC released a market update entitled “Technology – a brighter outlook?”. What are the main conclusions of the report?

On Tuesday, the World Gold Council published its latest report about the technology sector’s demand for the yellow metal. The main point is that we see a rebound in gold’s use in electronics. As it is commonly known, gold’s physical properties (such as high electrical conductivity) make it an excellent metal for wide use in electronics. But due to high prices and the advancing substitution in the electronics sector, the volume of gold used in technology has decreased in recent years.

However, the demand from electronics has been growing since the last quarter of 2016. The WGC noted that the technology demand grew in Q3 2017 for the first time since 2010. This is why the organization believes that the major fall in demand for gold in the electronics sector may be behind us, and that the outlook is brighter. The main reason is the rising electrification of the world (think about the Internet of Things or the electric car revolution we analyzed in August edition of the Market Overview) with the ever-increasing demand for memory chips, and a new generation of smartphones. And gold’s application in solar energy technologies is growing as well. Last but not least, nanoparticles of gold may also be used in catalytic converters in vehicles instead of palladium or platinum.

READ MORE

Comments are closed.