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GOLD USES – THE USES OF GOLD

The uses for gold been both common uses of gold and industrial uses of gold for thousands of years. The most common use of gold is money and throughout the world the gold price, like the silver prices or platinum price, are quoted. Gold uses as money, next to silver, has been unparalleled and a common ingredient in gold jewelry and gold decorative items.

Gold uses are divided into three main categories: (1) traditional or common uses of gold, (2) industrial uses of gold and (3) emerging technology. Why are there so many uses of gold? The uses for gold come from a variety of unique properties including strength, malleability, ductility and thermal ability. These properties make gold a valuable commodity in the world economy and are the reasons for gold mining and refining gold.

GOLD USES – COMMON USES FOR GOLD

The use of gold as money has taken place as currency and coinage for thousands of years. Gold coins and Gold bars are used as gold investment vehicles for investors desiring to protect their wealth and achieve financial growth.

Another of the uses of gold is fine jewelry. Gold’s fine luster finish and malleability make it a great choice. Pure gold is tarnish resistant but rather soft and so this use of gold is not very advisable. So, many goldsmiths combine pure gold with other metallic alloys for jewelry use.

Use of gold in photography is another secondary use. Gold-based photography is founded on light-striking silver crystals on a set of film. This produces a sharper image and is a cheaper alternative to the high cost of maintaining digital based photo images.

Other common uses of silver include electronics such as cell phones or laptops, medicinal uses for silver harnessing its anti-microbial or anti-biotic properties, dentistry such as gold fillings, mirrors, optics, clothing and etc. Gold uses are extremely wide and varied in the world economy.

GOLD USES – INDUSTRIAL USES OF GOLD

The melting point of gold is 1,947.52°F or 1,064.18°C and the boiling point of gold is 5,173°F or 2,856°C. There are many industrial uses of gold because of gold’s high tolerance for heat and gold’s electrical conductivity. For example, a use of gold is to coat the touch-sensitive switches and buttons in television sets, telephones, cell phones, toys and computer keyboards.

Another of the gold uses is with circuit boards in computers. Most motherboards contain gold. Compact disks and DVD’s are coated with gold for its high-glossy look and to help with information retrieval. Many batteries are manufactured using gold alloys. Though expensive gold cells are usually superior to alternatives.

GOLD USES – THE USES OF GOLD WITH EMERGING TECHNOLOGY

Important uses of gold are in the field of medicine. Several studies have shown that gold has anti-bacterial, anti-microbial and anti-biotic characteristics. For example, burn victims require a daily change of bandages. A use for gold is to line the inside the bandages prevent infection growth.

Another of the gold uses is with solar energy because gold paste is used in silicon photovoltaic cells to harness the sun’s energy. Gold is environmentally friendly.

CONCLUSION – USES FOR GOLD

The uses of gold in ordinary daily life are tremendous. There are common uses of gold ranging from cell phones to dentistry or industrial uses of gold such as televisions or circuitry. With new techniques and important uses for gold being developed every day the gold mining industry has consumers for their product. Because gold is money and the use of gold by the world economy these are only a few of many reasons to buy gold.