The Gold Series: Uses and Demand (Part 3)
SOURCE:[Visual Capitalist] – In the past two parts of this infographic series, we saw its rich history and also how mining and supply works. Here we look at how gold is used across the globe.
Generally speaking, half of all gold demand is comprised of jewelry sales. About 10% of gold is used in technology, where it is used in devices ranging from computers, cell phones, space shuttles, and defense technology. Lastly, 40% of gold is used as an investment – and this percentage is growing significantly.
In this infographic we also look at how gold growth in China will impact the future of the precious metal. In Q4 of 2011 and continuing into 2012, China has bought more gold overall than even India and will continue to play an important role in consumption.
Next up is Part 4: Gold as an Investment.
Post from: Gold News from Gold Editor
The Gold Series: Uses and Demand (Part 3)
2012-09-12 13:50:47
Source: http://www.goldeditor.com/the-gold-series-uses-and-demand-part-3/
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