Gold has been prized for its beauty and value for thousands of years and is often used in jewelry and investment. However, gold has a wide range of other applications that are less well-known. In this article, we'll explore some of the different uses of gold beyond investment and jewelry.
- Medical Uses
Gold has been used in medicine for centuries and is still used today in a range of applications. Gold is used to treat rheumatoid arthritis and other autoimmune diseases, as well as to treat certain types of cancer. Gold nanoparticles are also being developed for use in drug delivery and imaging.
Gold is a highly conductive metal and is often used in electronics to connect components and conduct electricity. Gold is used in everything from smartphones and tablets to televisions and computers. The high conductivity of gold also makes it useful in the aerospace industry, where it is used in satellites and other electronic equipment.
Gold has been used in dentistry for thousands of years and is still used today in fillings and crowns. Gold is an ideal material for dental work because it is biocompatible and does not corrode or tarnish over time. Gold is also used in other medical applications, such as pacemakers and other implantable medical devices.
- Space Exploration
Gold is used in space exploration because of its high reflectivity and resistance to corrosion. Gold is used to coat the visors of space helmets and in the windows of spacecraft to protect astronauts from harmful solar radiation.
While gold is no longer used as a primary currency, it is still used by some central banks as a reserve asset. Gold is seen as a store of value and a hedge against inflation, and many countries hold gold reserves as part of their foreign currency reserves.
In conclusion, gold has a wide range of uses beyond investment and jewelry. Gold is used in medicine, electronics, dentistry, space exploration, and even as a reserve asset. The unique properties of gold, including its conductivity and resistance to corrosion, make it a valuable material in a wide range of industries. As such, it is important to recognize the diverse applications of gold and the role that it plays in many aspects of our daily lives.
Author: Pooyan Ghamari Economie Visionner and CEO of A Land Group