![](/static/253f0d9b/assets/icons/icon-96x96.png)
![](https://fry.gs/pictrs/image/c6832070-8625-4688-b9e5-5d519541e092.png)
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.
Very true. Unfortunately, this process just pulls gold from dilute sources and gathers it into nuggets, from small ones to very very large. No gold is being made new though, that would be great.