What are the most common uses of gold?

What are the most common uses of gold?

16.06.2016

Did you know that gold is one of astronauts' best friends? Would you be surprised to know that you have this precious metal in your phone and tablet?

The world would be pretty different without gold. Here you are a list of its most common uses.

Gold has forever played an important role in many cultures. Even though it was discovered more than 5,000 years ago, scientists keep discovering new qualities and uses that help make our lives much easier.

The jewel of the crown

The jewelery industry is the largest consumer of this precious metal. Every year this industry consumes about 78% of the total gold output. Besides its appreciated beauty, gold is a non-corrosive and durable metal.

Answer the golden call

Electronics is one more industry in which gold is widely used because its high conductivity. A small amount of gold can be found in virtually every electronic device such as smartphones, TVs and GPS navigators.

Smile!

Gold has been used in dentistry since 700 BC and it remains one of the best materials to make prosthetics. In general medicine it is often used in devices for radiation treatments and diagnosis.

Outer space

One of the theories of gold's origin states that this metal arrived on Earth after a meteor shower. Now it is widely used in aerospace industry as a lubricant for mechanical parts, conductor of electricity and protection against harmful radiation and extreme heat.

Gold is the real money!

Due to its durability and rarity, gold has been the most universal coin throughout history. Even though nowadays currencies are made of paper money, gold still plays an important role as a safe haven asset both for countries and individuals.

Gold is the best award

There is a reason why the first place gets the gold medal. Champions receive gold cups, medals and trophies for gold is the number 1 asset and valuable metal for humanity.

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