Friday, November 17, 2017
Industrial Demand for Gold
Industrial Demand for Gold could be one of the increasingly more important sources of demand in the future.
Various technologies, like gold nano particles and micro chips, are increasingly using gold. Gold has many positive chemical properties, including non-reactivity.
https://www.forbes.com/sites/oliviergarret/2017/05/10/could-breakthrough-cancer-treatments-raise-industrial-gold-demand/#60a813103c5c
Overall gold demand was down by 9% year over year, to 915 tonnes. But I think it's just a question of time until it picks up. Feel comfortable with holding gold miners long term.
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