UK 20:12 Thursday, 8 October 2026
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On 26 February Mining.com, providers of the highly regarded Infomine service, published a by-lined article entitled “Apple buying a third of world’s gold to meet demand for iWatch”.
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Comments
Jeremy
Interesting but of course a big proportion of gold used is I assume recycled gold from scrap so this source has to be taken into account when considering total supply;the availability of the scrap probably tends to increase as gold price rises,thus moderating increase in gold prices.
wildrides
Surely it will made of titanium with a thin gold plate . No one would be wanting to walk around in public with so much weighty solid gold on their wrist would they ? I mean , what about the bill for the cost of an armed guard .
LG
Andrew, perhaps you can consider yourself fortunate that TW appears to be at least an acquaintance and therefore your companies have escaped his radar entirely in the face of utter shareholder value decimation and contravenence of nearly all his 50 rules to look for in oil and mining plays.
J P Spaghetti
Let’s just hope they’ve no plans to activate the gold at Fort Knox…