Pittsburg, Kansas | I heard the percentage of gold going to industrial use and can't remember now how much it was.
Ahhhh. Did a search. Here it is. Of course all of that demand other than investment will be recycled as much as possible. So not a lot lost permanently. But a decent amount will end up in landfills as electronic components. I wonder if mining makes up for the industrial use lost? Probably, depending on price and how excited mines are to crank out production.
Gold is more than just a shiny pet rock.
https://www.statista.com/statistics/299609/gold-demand-by-industry-sector-share/ #mce_temp_url#
Edited by John Burns 8/24/2024 19:57
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