Which Businesses Can't Live Without Gold?

4. Auto Industry

In some cars, gold foil is used as engine cover heat shielding. A very billionth part of 1 meter gold used as catalytic convertors can help cut the harmful emissions from the engine exhaust.

Every modern car is equipped with a minimum amount of gold in the chips that control the anti-brakes and in the sensors inflating the safety air bags in a collision. In future, automotive green vehicles will be equipped with a very thin layer of gold to guarantee both corrosion resistance and electrical conductivity.

5. Electronics

In school, you must have studied that gold is a good conductor of electricity, but never got a chance to see its application. The application of gold is not much far from us. Do you know almost every mobile phone contains gold of worth $1?

The reliable conductivity of gold in broad range helps the phone to operate smoothly and plays a vital part in keeping your photos and data safely stored.

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