Do you know a few of the five special uses of gold?
Since ancient times, gold has been loved by people and is a symbol of rights and wealth. Everyone knows that gold can be invested in gold mining companies to invest in gold, but there are many other special investment methods for gold that may not have been thought of today. Introduce some gold special purpose knowledge, let's take a look. First, the biggest use of gold is jewelry About half of the world's mined gold has become jewelry. Of course, jewelry also contains a variety of exotic gold products. The use of gold is shocking, which seems to mean that the best way to invest in gold may not be to invest in gold mining companies, but to buy jewelry. Second, gold also has a large use in technology production. According to 2016 data, about 6% of gold demand comes from the technology sector. Surprisingly, this precious metal is used in the phones and other devices we carry every day. This is determined by the physical properties of gold, which includes ductility and electrical conductivity, making gold ideal for use in some high-tech products. So if you want to invest in gold in high technology, then you can invest in the best tech giants. This includes Apple and Samsung, which are representative of high-end mobile phones. Of course you can go deep into other products of these companies, no matter how their products change, they are likely to add some gold to the new products. In addition to Apple and Samsung, other technology companies are increasingly using gold. For example, private sensors, etc., the use of gold in high-tech products is becoming more and more popular. Third, gold can also make dentures Do you know that there may be gold in your mouth? Although this is not an important use of gold, in 2016, dental used about 18 tons of gold, less than 1% of all gold demand. The best way for investors to choose this type of investment is to invest in companies that supply dental products that use gold from purchase, processing to sales, and changes in gold prices have some impact on these companies. Fourth, gold can also be applied in the aerospace industry Gold also has important uses in the aerospace industry. For example, NASA plans to launch the James Webb Space Telescope next year, which will use the physical properties of gold as a reflector for infrared light. Ordinary investors can invest in aerospace-related government-contracted aerospace companies, as well as aerospace companies with space concepts, such as Boeing and other well-known aerospace companies. In addition, investors can also invest in some aerospace materials companies. 5. Gold can be used as a pledge for pawns. I believe that the use of this kind of gold, in fact, investors are more clear. The gold reserves of central banks are also in order to be able to exchange pledges for foreign exchange and commodities in special periods. In 2016, the central bank's gold reserve demand even accounted for about 45% of the gold demand, which is a very important part of the demand for gold, and certainly not an unexpected use. As an ordinary investor, you can't reserve gold like the central bank, but you can consider investing in the stocks of pawn companies. During the recession, loan companies' loan demand is generally high, and this is exactly the time when gold prices rise. At this time, the value of these pawn companies will rise. Jersery And Interlock,Interlock Knit Sweater,Combed Cotton Pima Interlock Fabric,Double Jersey Cotton T-Shirt Fabric Shaoxing Sinofashion Textiles Co.,Ltd. , https://www.shownaturetex.com