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AI revolution drives surge in gold demand
The Business Guardian
|November 24, 2024
As AI systems become increasingly integral to devices such as smartphones, autonomous vehicles, and data centres, the use of gold has surged due to its unparalleled properties, according to the World Gold Council report.
Gold demand in the electronics sector peaked in 2010 at 328 tons but gradually declined to 249 tons by 2023. Recent quarters, however, have shown a modest recovery, driven in part by the expansion of AI-enabled devices.
As manufacturers strive to meet the technological demands of AI, gold's unique properties ensure its continued relevance in high-performance electronic applications.
Cette histoire est tirée de l'édition November 24, 2024 de The Business Guardian.
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