• Zorsith
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    3 months ago

    I mean… actual gold isn’t crazy valuable these days, is it? It’s used in quite a bit of electronics for its corrosion resistance and conductivity IIRC.

    • jmiller@lemm.ee
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      3 months ago

      Gold prices have risen steadily for a long time, partly because of its use in electronics. Over $2500/ounce now. But another quirk of gold is the ease with which we can make very thin coatings of it over other materials, sometimes only a few atoms thick. So it is commonly used, but in very very small amounts per device.

      • Zorsith
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        3 months ago

        TIL. Electroplating is cool stuff

        • chaogomu@lemmy.world
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          3 months ago

          The main reason to electroplate things in gold is that corrosion resistance.

          The thinner the coating, the better. Mostly because gold isn’t a very good conductor.

          Copper is one of the best conductors available. But the corrosion is the problem. It’s nonconductive.

          Also a fun fact. Stainless steel is a better conductor than gold. But gold is slightly easier to use in electroplating.

          • werefreeatlast@lemmy.world
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            3 months ago

            I think you might want to do a little digging in your undergrad science books:

            The units of electrical conductivity are measured in siemens per meter (S/m). Here’s the electrical conductivity of a few metals:

            Stainless Steel: 1.0 - 1.5 × 10^6 S/m
            Aluminum: 3.77 × 10^7 S/m
            Copper: 5.96 × 10^7 S/m
            Gold: 4.52 × 10^7 S/m
            Silver: 6.30 × 10^7 S/m
            

            In this list silver has the highest conductivity, and stainless steel the lowest conductivity.

        • jmiller@lemm.ee
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          3 months ago

          Well, that is the amount gold that is mined or recycled every year that is used in electronics. The thing is though, a lot of the gold used in electronics is never recovered. So a considerable amount of the gold used in electronics is removed from from circulation in a way the gold in jewelry or bullion or coins isn’t. It isn’t the primary driver of gold’s price increase, but it is a significant factor.