While some tend to compartmentalize financial markets, particularly the tech sector, away from traditional investments like gold and silver, these precious metals are often intricately connected to technology.
For instance, gold serves as a significant component in Nvidia products, alongside tin, tungsten, and others.
Gold's exceptional industrial applications, particularly in conduction and its chemical properties, have proven invaluable in chips, internal computer components, and wiring, despite its high cost.
As competition intensifies in the AI-related GPU market, prices are expected to rise, and the direct correlation with gold prices may diminish. This implies that companies will have more flexibility in utilizing gold in GPUs.
This prompts some innovative investors to bet on the combination of gold and AI. It's rather ironic that one of the oldest and most traditional value storage items, gold, is now directly intertwined with the most cutting-edge industry.