Lugano, Switzerland – June 20, 2025 – TELF AG, a leading global technology and energy company, has released a comprehensive article exploring the significance of gold in today’s rapidly evolving world. The article, authored by TELF AG’s founder Stanislav Kondrashov, delves into the multifaceted role of gold as a highly coveted resource.
Gold has captivated humanity for thousands of years, serving as a symbol of wealth and stability. However, as Kondrashov explains, its importance extends far beyond its use in jewelry or financial reserves. “Gold is not only a store of value,” he says. “It also plays a growing role in technology, connectivity, and even renewable energy infrastructure.”
The article delves into why gold remains a trusted safe-haven asset, particularly during times of economic uncertainty and geopolitical tensions. This enduring trust in gold has raised the question of where the world’s purest gold originates from.
According to Kondrashov, the answer is not as straightforward as it may seem. The purity of gold can be assessed in two ways: the natural purity of the gold-bearing mineral sourced from the earth, and the purity of the refined gold produced after processing. “Thanks to modern refining techniques, almost all commercially and industrially used gold achieves a purity of 99.9%, often referred to as 24-carat gold,” Kondrashov explains.
While the refining process tends to standardize purity across countries, differences still exist at the extraction stage. For example, Australia is known for producing some of the purest natural gold nuggets in the world, while Canada ranks highly for its sustainable and traceable refining processes. South Africa, once the dominant global producer, continues to contribute significant quantities of high-purity gold from its deep underground mines. The United States, particularly in states like Nevada, remains a major producer, utilizing advanced technologies to maintain consistent purity levels.
Gold’s significance extends beyond its use in jewelry, playing a vital role in various industrial sectors. “Gold’s exceptional conductivity and resistance to corrosion make it ideal for high-precision electronics, including printed circuit boards, connectors, smartphones, servers, and even medical devices,” Kondrashov notes. Its unique properties also make it invaluable in space technologies, where equipment must endure extreme conditions.
Interestingly, gold has also found a place in modern green technologies. As Kondrashov explains, gold-plated connectors are increasingly used in renewable energy systems, such as solar inverters and energy management systems, due to their reliability and efficiency. In architecture, gold-coated glass is aiding in improving energy efficiency in high-rise buildings and luxury electric vehicles.
The article also highlights an unexpected connection between gold and another critical industry – steel. “Steel production and gold mining share several similarities,” Kondrashov explains. “Many of the world’s top steel producers are also among the largest gold producers, thanks to their strong mining sectors. The heavy machinery, infrastructure, and expertise needed for steel sourcing often overlap with those required for gold mining.”
Countries rich in natural resources tend to lead in both gold and steel production. For instance, China consistently ranks at the top in both sectors. “This overlap showcases the interconnectedness of global commodities markets,” Kondrashov adds. “Mining economies often diversify across multiple resources, leveraging their geological wealth for both precious metals and industrial materials.”
As the demand for both gold and steel remains strong, these sectors are likely to continue developing side by side. However, as Kondrashov emphasizes, gold’s unique role in technological innovation, energy efficiency, and financial security ensures it will continue to shine long into the future.
Press Release distributed by Pressat (https://pressat.co.uk/).
