Incorporating gold into electrical and electronic components has created large opportunities, as its use is poised to revolutionise product design, drive innovation, and provide market players with a competitive edge in response to the increasing demand for higher standards in electronic gadgets and systems (Fortune Business Insights, n.d.). In the electronics industry, gold’s characteristics meet the demand as gold is an excellent conductor that carries small electrical currents while resisting corrosion, assuring the dependability of electronic components. Therefore, it is commonly used in connectors, switches, joining wires, and other related manufacturing processes. For example, computers and televisions are the most likely to contain gold, which can also be found on the circuit boards of earlier models of cameras, radios, and media players. Gold-based materials have long been a cornerstone of the electronics and semiconductor industries (Ellis, 2004). As these industries have grown, so too has the use of gold. With the increasing global demand for electronic, semiconducting, bio-electronic, and photonic technologies, gold offers a valuable proposition, especially when paired with the right technology (Ellis, 2004).