Casting Is Golden T


he metalcasting process sup- ports a $5.5 billion market- place that is almost entirely lost among the tens of bil- lions of dollars that result


from commercial casting shipments. The sales are of gold bars, the major-


ity of which are produced in one of two metalcasting processes—permanent mold or continuous casting.


An industry niche that receives little attention is the casting of precious metal bars. Shea Gibbs, Senior Editor


At an average price of almost $1,000


an ounce in 2009, they don’t call gold a precious metal because it’s cute. The World Gold Council estimates the total identifi able demand for gold in


18


MODERN CASTING / September 2010


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