{"id":274515,"date":"2026-06-16T10:16:00","date_gmt":"2026-06-16T14:16:00","guid":{"rendered":"https:\/\/news-you-need.com\/index.php\/2026\/06\/16\/why-the-ai-boom-barely-moved-golds-oldest-industrial-buyer\/"},"modified":"2026-06-16T11:15:30","modified_gmt":"2026-06-16T15:15:30","slug":"why-the-ai-boom-barely-moved-golds-oldest-industrial-buyer","status":"publish","type":"post","link":"https:\/\/news-you-need.com\/index.php\/2026\/06\/16\/why-the-ai-boom-barely-moved-golds-oldest-industrial-buyer\/","title":{"rendered":"Why The AI Boom Barely Moved Gold\u2019s Oldest Industrial Buyer"},"content":{"rendered":"

Why The AI Boom Barely Moved Gold\u2019s Oldest Industrial Buyer<\/a><\/p>\n

https:\/\/www.forbes.com\/sites\/daraabasiita\/2026\/06\/16\/why-the-ai-boom-barely-moved-golds-oldest-industrial-buyer\/<\/a><\/p>\n

Publish Date: 2026-06-16 10:16:00<\/a><\/p>\n

Source Domain: www.forbes.com<\/a><\/p>\n

AI is splitting gold\u2019s tech demand in two\u2014propping up chip use while record prices push the metal out of everything else.<\/span><\/p>\n

getty<\/p>\n

Gold dropped out of the dentist\u2019s chair this spring. Not metaphorically. In the first three months of 2026, the amount of gold the world\u2019s dentists bought to crown and fill teeth slipped below two tonnes for the first time since the World Gold Council started keeping count. Ceramic took the work. The metal that filled molars for three thousand years, from the goldsmiths of the pharaohs to your grandmother\u2019s bridgework, has been quietly shown the door.<\/p>\n

That small number tells a bigger story, and it is not the one most people expect to hear about gold and artificial intelligence.<\/p>\n

The expected story goes like this: AI eats electricity and silicon, AI needs chips, chips need gold, so the AI build-out should be pouring money into gold like water into a bath. Plausible. Tidy. Mostly wrong. According to the World Gold Council\u2019s Q1 2026 Gold Demand Trends report, the total amount of gold used across all of technology rose by 1% over the year, from 80.4 tonnes to 81.6 tonnes. One percent. During the loudest, most capital-soaked stretch of the AI build-out anyone has lived through, gold\u2019s technology demand essentially stood still.<\/p>\n

So either gold has nothing to do with AI, or something stranger is going on under that flat number. It\u2019s the second one.<\/p>\n

A still number with a fight underneath it<\/h2>\n

If you split the 82 tonnes open, you will find two crowds pulling in opposite directions. Electronics, the biggest slice of industrial gold use, climbed 3% to 69.3 tonnes, its strongest showing since late 2021. Everything else sagged. \u201cOther industrial\u201d uses, which include the gold thread woven into traditional Indian clothing, dropped 8%. Dentistry kept falling. The headline barely twitched because one set of buyers was loading up while another was bailing out, and the two roughly cancelled.<\/p>\n

The Council\u2019s own analysts describe the electronics…<\/p>\n

Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Why The AI Boom Barely Moved Gold\u2019s Oldest Industrial Buyer https:\/\/www.forbes.com\/sites\/daraabasiita\/2026\/06\/16\/why-the-ai-boom-barely-moved-golds-oldest-industrial-buyer\/ Publish Date: 2026-06-16 10:16:00…<\/p>\n","protected":false},"author":1,"featured_media":274516,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/imageio.forbes.com\/specials-images\/imageserve\/6a3159f2100942746c9d390c\/0x0.jpg?format=jpg&height=900&width=1600&fit=bounds","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[20],"class_list":["post-274515","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence","tag-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/274515"}],"collection":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=274515"}],"version-history":[{"count":1,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/274515\/revisions"}],"predecessor-version":[{"id":274517,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/274515\/revisions\/274517"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/274516"}],"wp:attachment":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=274515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=274515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=274515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}