Gold is a high-quality hedge hedging tool, favored by investors. Especially in recent years, with the increasing instability of the world economy, gold has become one of the preferred asset allocations of investors because of its functions of hedging and fighting inflation.
Earlier, the worsening situation in Ukraine sent gold prices soaring to a two-year high of $2,070 an ounce. But gold, along with other commodities, fell back last week as conditions changed and bulls took profits, hitting a low of $1,895 an ounce. Rising gold prices may also have an impact on the Spherical Tungsten Carbide Powder prices.
According to China Business News, Goldman Sachs raised its gold price forecast in early March, considering Asian buyers' gold consumption demand, investment demand and central bank gold purchase demand continue to rise. Three -, six - and 12-month targets were raised to $2,300, $2,500 and $2,500 an ounce, respectively, from $1,950, $2,050 and $2,150. The last time all three accelerated was in 2010-11 when gold prices rose nearly 70%.
The World Gold Council has also noted that global gold demand is at its highest level in nearly two years, which is linked to a recovery in consumption and consumer sentiment to combat inflation.
As a typical representative of refractory metal carbides, spherical tungsten carbide powder is suitable for 3D printing and can produce higher quality cemented carbide products.
3D printing, also known as additive manufacturing, is the latest rapid prototyping device using technologies such as light curing and paper lamination. The biggest difference from ordinary printers is that the printing material can be liquid or solid powder. With the development of science and technology and the needs of popularization and application, the use of rapid direct prototyping to manufacture metal functional parts has become the main development direction of rapid prototyping.
Compared with traditional production methods, additive manufacturing technology has the characteristics of shorter production cycle, higher product precision, and individualization. In addition to being suitable for the manufacture of rapid prototyping small batch non-standard parts and heterogeneous material assemblies, metal 3D printing is also suitable for forming traditionally difficult parts, such as carbide tools, molds, structural parts, geological mining tools, etc.
Cemented carbide is an alloy material produced by powder metallurgy with tungsten carbide as the hard phase and cobalt, nickel, iron, copper and other metal elements as the bonding phase. It has high melting point, high strength, high hardness, good Red hardness, wear resistance, high temperature resistance and other characteristics, so it is widely used in extreme environments such as high temperature, high pressure, and high impact. However, alloys have very poor machinability due to their high hardness and high melting point.
The researchers used 3D printing technology to manufacture cemented carbide, which can effectively solve the problems of fracture, expansion and deformation of products made by traditional production methods. However, additive manufacturing technology has high requirements on the comprehensive performance of raw materials, and spherical tungsten carbide powder must be used, because it has the advantages of smooth surface, uniform particle size distribution, and high fluidity, which is the premise of smooth powder feeding and uniform powder distribution for 3D printers.
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Russia is a major supplier of industrial metals such as nickel, aluminium and palladium. Russia and Ukraine are both major wheat exporters, and Russia and Belarus produce large amounts of potash, an input to fertiliser. The price and market of the Spherical Tungsten Carbide Powder will fluctuate under its influence. Prices of these goods have been rising since 2022 and are now likely to rise further because of the Russia-Ukraine conflict. Russia is a major supplier of industrial metals such as nickel, aluminium and palladium. Russia and Ukraine are both major wheat exporters, and Russia and Belarus produce large amounts of potash, an input to fertiliser. The price and market of the Spherical Tungsten Carbide Powder will fluctuate under its influence. Prices of these goods have been rising since 2022 and are now likely to rise further because of the Russia-Ukraine conflict.
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