Presently gold is selling below its industrial use price (which parallels palladium). Last I checked, the connections from the wafers in all major ICs to the pins are made of mostly gold. Often the pins and connectors are also plated with gold. Gold, palladium, and to a lessor extent platinum, are essential components of modern integrated electronics. If economies recover and more electronics is used then gold will become more valuable, if economies collapse and people seek a reliable store of value then gold will become more valuable. Think of gold as a "butterfly spread" bet.
Bottom here?, page-708
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RSG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
73.5¢ |
Change
0.040(5.76%) |
Mkt cap ! $1.564B | |||
| Open | High | Low | Value | Volume |
| 72.0¢ | 73.5¢ | 70.5¢ | $11.81M | 16.34M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 143270 | 72.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 73.5¢ | 489207 | 13 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| RSG (ASX) Chart |