What is gold used for What is gold used for and what it does?

Updated on Financial 2024-04-29
6 answers
  1. Anonymous users2024-02-08

    1).Used as an international reserve. This is determined by the monetary commodity attribute of **.

    Due to the excellent characteristics of the currency, it has historically served as a monetary function, such as a measure of value, a means of circulation, a means of storage, a means of payment and a world currency. Since the 70s of the twentieth century, after the decoupling from the US dollar, the monetary function of the US dollar has also weakened, but it still maintains a certain monetary function. At present, many countries, including major Western countries, still occupy a very important position in their international reserves.

    2).Used as a jewelry decoration. Gorgeous ** ornaments have always been a symbol of one's social status and wealth.

    3).Application in industry and science and technology. Due to the unique and perfect properties of gold, it has extremely high stability against corrosion; Good electrical and thermal conductivity; The nucleus of gold has a large effective cross-section for capturing neutrons; The reflective ability to infrared rays is close to 100; It has various catalyst properties in alloys of gold; Gold also has good manufacturability, and is easy to process into ultra-thin gold foil, micron gold wire and gold powder; Gold is easily plated on the surface of other metals and pottery and glass, and gold is easily welded and forged under a certain pressure; Gold can be made into superconductors and organic gold.

    It is precisely because of its beneficial properties that it has reason to be widely used in the most important modern high-tech industries, such as electronic technology, telecommunications technology, aerospace technology, chemical technology, medical technology, and so on.

  2. Anonymous users2024-02-07

    ** has a monetary nature, followed by its industrial use. 100% UV protection. So high-tech uses such as aerospace are very wide.

  3. Anonymous users2024-02-06

    **The main uses include the following four aspects:

    1) International Reserves Among the international reserves of major Western countries, ** occupies a very important position.

    2) Jewelry decoration Gorgeous jewelry has always been a symbol of social status and wealth, with the continuous improvement of people's income, the continuous increase of wealth, the continuous improvement of value preservation and decentralized investment awareness, but also promote the demand for this area to increase year by year.

    3) Industrial and high-tech industries Due to the unique physical and chemical properties: it has extremely high stability against corrosion; Good electrical and thermal conductivity; The nucleus has a large effective cross-section for capturing neutrons; The reflective ability to infrared rays is close to 100; It has various catalyst properties in alloys of gold; It also has good manufacturability, and is easy to process into ultra-thin gold foil, micron gold wire and gold powder, which is easy to plating onto the surface of other metals, pottery and glass; Under a certain pressure, gold is easy to be welded and forged; It can be made into superconductors and organic gold, making it widely used in industry and modern high-tech industries, such as electronics, communications, aerospace, chemical industry, medical and other fields.

    4) Tools for personal investment preservation.

  4. Anonymous users2024-02-05

    1. The largest use is jewelry.

    About half of the world's mined ** is turned into jewelry. Of course, jewelry also contains all kinds of strange products. This use of ** is shocking, and it seems to mean that the best way to invest ** is probably not to invest in **mining enterprises, but to buy jewelry.

    Second, there are also great uses in scientific and technological production.

    Data from 2016 shows that about 6%** of demand comes from the tech sector. Amazingly, this precious metal is used in the mobile phones and other devices we carry every day. This is determined by the physical properties of **, which includes malleability.

    and electrical conductivity, which makes ** ideal for use in some high-tech products.

    So, if you want to invest in high-tech, then you go and invest in the best tech giants. This includes the likes of Apple and Samsung, which are representative companies in the high-end mobile phone industry. Of course, you can dig into the other products of these companies, and no matter how their products change, they are likely to add some ** to the new product.

    In addition to Apple and Samsung, other technology companies are also increasingly using it**. For example, private sensors, etc., are becoming more and more popular in high-tech products.

    3. Dentures can also be manufactured.

    Did you know that you might have ** in your mouth? Although this is not an important use, about 18 tonnes were used in dentistry in 2016, which is less than 1% of the total demand.

    The best way for investors to choose this investment is to invest in dental products** businesses, which will use ** from buying, processing to selling**, and the price of gold.

    The changes also have some impact on these businesses.

    Fourth, it can also be applied in the aerospace industry.

    **There are also important uses in the aerospace industry. For example, NASA plans to launch the James Webb Space Telescope next year.

    This will use the physical properties of ** as a reflection of infrared light.

    Utensil. Ordinary investors can invest in aerospace companies that are contracted by the best aerospace companies related to space, in addition to those aerospace companies that have a space concept.

    companies, for example, Boeing.

    and other well-known aerospace enterprises. In addition, investors can also invest in some aerospace materials companies.

    5. ** can be used as collateral for pawns.

    I believe that the use of this ** is actually more clear to investors. The best reserves of central banks.

    In fact, it is also to be able to exchange foreign exchange and commodities as a pledge during special periods.

    2016 ** Bank.

    The reserve demand even accounts for about 45% of the demand, which is a very important part of the demand, and of course it cannot be regarded as an unexpected use.

  5. Anonymous users2024-02-04

    At present, the only role is that because of the scarcity of quantity, the decorations can be sold.

    The ignorant rats upstairs don't understand ** at all, ** has no use, but if the number is small, plus the attribute of not being afraid of fire, it is destined to be hard currency.

    But upstairs actually knows that Apple doesn't use **, yes, Apple cares about quality, doesn't care about false propaganda, so it's useless not to use**, because of this, Apple's quality is excellent.

    A lot of people make up nonsense for money, and although there is no application field, it cannot change its status as hard currency.

    Many unscrupulous businessmen make up ** uses to increase the ** of items to earn money, which is really disgusting. But the ability is the decoration, used in the decoration of the product in order to improve the quality, there is no problem, there is a problem is just a false propaganda **, the decoration has it is not the same, and even will affect the quality of the product.

  6. Anonymous users2024-02-03

    There is no real effect.

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