Thursday Jan 25, 2024
Unearthed: Gold in technology throughout the ages
[4:25] Trevor elaborates more on modern industries and electronics that are using gold.
[7:53] Trevor discusses growth in gold demand for technology.
[11:53] Our guest explains how gold is in many consumer devices we use in daily life.
[22:10] Trevor dives into gold’s role in medical devices.
[25:09] Trevor share fun facts about gold.
Additional Resources:
Notable Quotes:
“Why does the modern industry still use gold? It’s because it’s reliable, it's because it doesn't fail and it’s particularly important in high value safety critical devices. -Trevor Keel
“As new technologies come onto the market, old technologies tend to disappear and particularly that is the case when you have a relatively expensive material like gold.” -Trevor Keel
“Gold now is still used heavily in the electronics industry and that’s a testament to gold as a material. Last year, just over 250 tons of gold went into the electronics industry. That’s roughly 5-6% of the entire demand for gold.” -Trevor Keel
“There is a significantly larger portion of gold in an EV compared to that of a traditional IC vehicle.” -Trevor Keel
“You can use gold to actually help drugs get into tumors and help drugs actually better target tumors.” -Trevor Keel
About World Gold Council
We are a membership organization that champions the role gold plays as a strategic asset, shaping the future of a responsible and accessible gold supply chain. Our team of experts builds understanding of the use case and possibilities of gold through trusted research, analysis, commentary, and insights. We drive industry progress, shaping policy and setting the standards for a perpetual and sustainable gold market.
You can follow the World Gold Council on X (Twitter) at @goldcouncil and LinkedIn.