Translate

Monday, March 23, 2015

The Apple company can become the largest consumer of gold in the world and influence gold prices

The demand for Apple products remains incredibly high, and its rather new Apple iWatch model with a gold case may appear on store shelves pretty soon. You will be surprised at how much gold will Apple need to buy!

Can the price of gold rise to over 2,000 dollars per ounce in such conditions?
Why does the Apple company plan to use exactly gold for the production of Apple iWatch?

Apple not only cares about the functionality of its products, but also about design and durability. The company has chosen gold as a symbol of reliability, solidity and luxury for the production of one of models of Apple iWatch.

How much gold will Apple have to buy to meet the people's demand?

Using approximate calculations, it is 750 tons per year, or in other words about 30% of all annual production of gold worldwide! That much yellow metal will be required for the production of this high quality watch.

What can the move of Apple cause in the world gold market?

Such consumption of gold by just one company is a world record in the history of gold market . In this case, it can't be compared with other companies, but with countries, as the step taken by Apple could turn the company into the world's largest consumer of gold after India and China.

How can the production of gold cases for iWatch affect the price of gold?

When demand grows, as a rule, the price of the product demanded increases. If the demand can't be met, the price hits the roof. And, if the demand is outstripping supply, prices directly go through the roof.

In the history of gold there were such moments already. Let us recall the period from 2000 to 2010, when the prices of gold evolved from $ 400 to 1,200. What was the reason? The increased demand for this precious metal and outstrip of supply.

How to use this situation to earn money?

Buying gold of course! Certainly, it is necessary to buy this precious metal while its price still remains affordable.



The clients of Emgoldex can use this situation better than anyone else buying investment gold bars in the online store of the company with the most favorable conditions. Now it is the time to build a business with the product of Emgoldex and make gold work for you!

1 comment:

  1. With BullionVault you can buy physical gold & silver by the gram at current market prices.

    Open your free account today and get 4 grams in free silver as a welcome bonus.

    ReplyDelete