Apple will take 30% of the annual new production of gold in the world

Apple will take 30% of the annual new production of gold in the world

Apple will take 30% of the annual new production of gold in the world

After «The Wall Street Journal» published information about what Apple plans to sell a million a month Apple Watch, made of 18 carat gold, the site TidBits, where you can often find news about Apple, explained that the company will have to buy third of the gold produced in a year by the world community to fully meet the demand for luxury collection.

And not too much there golden Apple?

Given that each watch will be on 62.2 grams of gold, Apple will need 746 tons of gold per year, equivalent to 30% of annual production in the world. Therefore, Apple will have to spend a year to 30 000 million. Dollars for gold only for the watches. According to the author, this could have a serious impact on the international price of gold. It should be noted that the estimate is based on projections TidBits’ The Wall Street Journal », which are not official data of the manufacturer.

Source: rt

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