Gold is mainly used in connectors that are plugged and in-plugged frequently, because of the non-corroding properties, but is actually a relatively poor conductor. It is #3 after SILVER, and Copper.
Barely better than Aluminum, here's a chart from memory, but I am an Electrician, so it's pretty close LOL!!!
- SILVER, @106%
- Copper, @100% (soft drawn is the benchmark, hence the 100% rating)
- Gold, @ 67% of Copper
- Aluminum, @ 64% of Copper...
Just adding info, I agree with your entire post except the very last 1/2 sentence.
Gold would still be a Precious Metal, but valued under SILVER. It was during the
Egyptian times of the pyramids, one Pharaoh had a sarcophagus of pure Silver!
Even based on Bix's largest estimates, Gold is still relatively scarce, just under Silver.
Except the Silver Supply is dwindling, ending up in landfills. It is estimated that
Silver prices must exceed $350/ozT to make recycling the more vague uses profitable.
It is useful in minute quantities in Many Items!