How much Gold is in Your Smart Phone

How much Gold is in Your Smart Phone
How Much Gold is in Your Smart Phone?
Your electronics contain precious metals! In rough numbers, there are approximately 10 troy ounces of gold for every ton of smartphones. Ponder this for a moment, in the year 2015 Apple recovered 2,204 pounds of gold from recycled Apple iPhone, iPads and MacBooks. It was a total of 40 million dollars in value! Researchers estimate that 300 tons of gold is used each year in electronics globally. That’s approximately 7% of total gold usage annually worldwide. Japan has even started a new campaign to make the Olympic Gold medals from recycled Gold in an effort to encourage their citizens to recycle their old electronics.

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  • Nick Grovich