Used primarily in the synthesis of gold nanoparticles and nanostructures, it serves as a precursor material in various research and industrial applications. It is also employed in the preparation of gold-based catalysts, which are essential in organic synthesis and chemical reactions due to their high efficiency and selectivity. Additionally, it finds use in the field of electronics for creating conductive inks and coatings. In analytical chemistry, it is utilized for gold detection and quantification in samples. Furthermore, it plays a role in medical research, particularly in the development of gold-based therapeutic agents and diagnostic tools.