Artificial Intelligence Sector Drives Gold Demand
The rapid growth of artificial intelligence infrastructure is driving technology companies to continue using gold in advanced electronic components despite high prices.
Despite trading at historically high levels, technology companies' demand for gold continues to increase alongside the growth of the artificial intelligence sector.
Artificial Intelligence and Gold Demand
The rapid development of artificial intelligence technology is creating a new wave of raw material demand for advanced semiconductors, servers, and data centers.
Interest Persists Despite High Prices
Even though gold is trading near historical highs of approximately $4,153 per ounce, technology companies are not turning to cheaper alternatives.
Advantages of Gold in Electronics
Due to its high conductivity, reliability, and resistance to corrosion, gold provides advantages in areas such as chip manufacturing and thermal conductivity.
Sectoral Growth with Data
According to data from the World Gold Council, the sector's gold demand in the second quarter of the year increased by 2 percent compared to the previous year, reaching 80.4 metric tons.