Gold and Gadgets: Tracing Global Influence and Metal Monopolies | October 14 2025, 03:13

Rajesh Exports states on their website that they process 35% of the gold mined on the planet. Of course, they are exaggerating, but overall, India and Rajesh do shape the market. It turns out that 11% of all the gold on the planet is adorned on Indian women. Additionally, it was found that in 1947, 70% of all mined gold was in the USA. From 1934 to 1970, it was legally prohibited for private individuals to own gold in the USA. Approximately 22% of all the gold ever accounted for on the surface of the Earth has been mined from a plateau in South Africa called the Witwatersrand. And if you consider all the gold mined throughout history, it would amount to less than an Olympic swimming pool.

China buys up silver, with India not far behind. Interestingly, platinum is significantly used in the production of catalytic converters for vehicles – almost 40% of the global production goes there. China, of course, holds much of this production.

Practically every smartphone, tablet, or touchscreen monitor that we use is coated with a thin layer of indium tin oxide (ITO). This material has a unique combination of properties: it is almost completely transparent while also conducting electricity excellently. This allows the screen to register your touches.

Although lithium is now strongly associated with batteries, historically and still today, a significant portion of it is used in the production of glass and ceramics.

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