Jewelry? Wealth? Financial prowess?
While any of these answers are acceptable, gold as a material is much more than something that’s pretty or valuable. Gold possesses unique properties that make it especially equipped for use in electronic components. You might not realize it, but all of the gadgets and gizmos you use on a daily basis incorporate gold in one way or another.
Efficient conductor. Modern electronic devices use incredibly low voltages and currents. Unfortunately, low voltages are also more susceptible to problems such as corrosion and rust. By manufacturing electronic components with gold instead of a cheaper alternative, companies can ensure their products function exactly how they should.
Reliable. Because gold is an efficient conductor, it’s also considered highly reliable. Geology.com says that gold is regularly used in the manufacturing of:
That means gold is in everything from smartphones to GPS systems and even flat-screen televisions!
Malleable. Gold is a soft metal that’s easy to mold, cut, and form into various shapes and sizes. Combined with its conducting abilities and proven track record, it’s an ideal material for electronics manufacturers to work with.
At Hawaii Gold Buyers Exchange, we don’t buy back electronic gold, but we do purchase scrap, unwanted jewelry, and other valuables. To access a complete list, click here.