22 lines
680 B
Markdown
22 lines
680 B
Markdown
<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-1-chapter-11 -->
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# Precious Metals Consumption
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## Definition
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The use of gold and silver in various forms including coin, plate, jewelry, and industrial applications. This consumption creates ongoing demand for newly mined precious metals to replace losses from wear, damage, and industrial use.
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## Source Chapter
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Book I, Chapter 11
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## Context
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Smith discusses how the consumption of precious metals in various forms creates a continuous demand that must be met by new production, affecting their long-term value and availability.
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## Economic Domain
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Consumption
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