Gold-plated contacts in electronic devices could be about to lose their sheen thanks to the development of alloys with gold-like properties (Image: Windell Oskay)
Gold has long been seen as a financial safe haven in times of economic uncertainty. This don’t look like changing any time soon with the price of gold reaching a record high of US$1377.60 an ounce this week on the Comex division of the New York Mercantile Exchange. That might be good news for gold miners but not so good for the manufacturers of electronic devices that are reliant on not only gold, but also other precious metals. In some modern day alchemy, researchers have modeled and developed new classes of alloy materials that boast the properties that makes gold so attractive for electronic applications.