Electric discharges underground cause gold atoms to accumulate, which eventually forms gold nuggets, the researchers suggest.
  • Zorsith@lemmy.blahaj.zoneEnglish
    0·
    15 days 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.eeEnglish
      1·
      14 days 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.

        • jmiller@lemm.eeEnglish
          1·
          14 days 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.

        • chaogomu@lemmy.worldEnglish
          1·
          14 days 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.