AI Has Driven A Boost In Gold Prices In Recent Quarters. You Read That Right! Here's What The Future Holds

Despite the surge in AI-driven demand, high gold prices pose a challenge for manufacturers. Further reductions may not be feasible without compromising performance.

As AI continues to shape the technological landscape, the role of gold is likely to expand.

Source : Dimitrios Gkorilas/Pixabay

Gold’s role in electronics has seen a marked shift since its peak in 2010, when demand hit 328 tonnes. By 2023, demand had fallen to 249 tonnes, but recent quarters have shown signs of recovery, driven in part by the rise of artificial intelligence (AI). This has raised questions about the extent to which AI is influencing the gold market and what future demand might look like in this sector. Let's take a look at how the World Gold Council is looking at the issue. Gold’s Crucial