Homepage / Bullion Investment Basics: Gold S & D

Supply and Demand
2010  -  2019

Last Updated 08/04/2020

Gold Facts

Gold is a chemical element with the symbol Au, the symbol comes from Latin word "Aurum" meaning "Gold."

Gold's atomic number is 79. Gold is a dense, soft, shiny metal, and is the most malleable and ductile metal known.

Pure gold has a bright yellow color, which it maintains without oxidizing in air or water.

Gold is a valuable and highly sought-after precious metal for coinage, jewelry, and other arts since long before the beginning of recorded history.

The metal occurs as nuggets or grains in rocks and in veins deposits.

Free Bullion Investment Guide

This guide was created to give you an honest place, on the web, that provides reliable bullion market information.

However, it is a little unusual to other guides because it also advocates for Gold Nanoparticle Cancer Research, and supports individuals who are Battling cancer.

This guide is here to assist you in preserving the value of your savings and or investments through precious metals bullion while helping researchers & patients battle cancer.

Thank you for visiting!

 Mission(s) of this Guide

SD Bullion
SD Bullion - Customer Reviews link
Affiliate Ad

Gold Supply and Demand

World Gold Mine Production

world gold mine production 2009 - 2019

Gold Supply and Demand

Over the last 10 years, worldwide gold mine production has seen mixed results.

Worldwide gold mine production was estimated to be unchanged from that in 2018.

Increased mine production in Australia, China, and Indonesia offset decreased gold mine production in Peru, South Africa, the United States, and Zimbabwe.

China is the largest producer of gold, however, since hitting peak production between 2014-2016, their mining output over the last three years has been 1 million troy ounces lower.

The United States saw a 11% decrease in domestic mine production in 2019, which was attributed to decreases in production from the Bald Mountain, Carlin, and Cortez Mines in Nevada and the Fort Knox and Pogo Mines in Alaska.

South Africa, was at one time the world's largest producer of gold, but now due to lower ore grades, strikes, and mine closures, the country is expected to see continued mine production decreases.

KellyCo - Customer Reviews link
Affiliate Ad

Gold Supply

gold supply

Gold Supply and Demand

Gold Mine Production

Gold mining is a global business with operations on every continent, except Antarctica, and gold is extracted from mines of widely varying types and scale.

Recycled Gold

Recycled or reclaimed gold is made from existing jewelry, industrial metals or electronic and is refined or re-refined to remove any impurities and the result is chemically identical material to newly mined metals.

24 karat gold is considered “pure” gold meaning that it is the finest gold available.

Gold - Net Hedging

"Net Hedging" is; the change in the physical market impact of mining companies' gold forward sales, loans and options positions.

Hedging accelerates the sale of gold, a transaction which releases gold (from existing stocks) to the market. 

Over time, hedging activity does not generate a net increase in the supply of gold. 

De-hedging, has the opposite impact and will reduce the amount of gold available to the market in any given quarter.

SD Bullion
SD Bullion - Customer Reviews link
Affiliate Ad

Gold Demand

gold demand

Gold Supply and Demand

Overall, the numbers and comparisons in the Gold Demand charts speak for themselves.

Jewellery demand has been consistent, and Technology has slowly used less and less gold over the last 8-years,

Investments into gold bars and coins are often driven by uncertainty in the markets.  Uncertainty is gold's best friend, and when it is high, individuals buy physical gold as a safe-haven from the broader market.

However, when uncertainty is low, as it was between 2013 - 2019, we saw the price of gold, as well as demand in bars and coins of the precious metal decrease.

ETFs are Exchange Traded Funds, products like them are bought and sold on the major indexes, examples of these are GLD or IAU. 

Like gold bars and coins, traders will often buy or sell ETFs as a way to hedge market uncertainty.   One way to get a good idea of the broader market mentality is to watch the in and outflows into these funds.

Central Banks have generally been net buyers of gold over the last 9-years, although they had some years of decreased purchases.

You can find more interpretation behind the numbers from the World Gold Council in the sources section below.

Gold Price Charts

Click the Links below to go to the Gold Price Charts page which offers you the following:

1) Gold Candlestick Chart - 14 month chart

2) Gold Foreign Currency Charts - 1 day charts

Sources: Gold Supply and Demand:

USGS.gov - Gold Statistics & Information 

World Gold Council

Wikipedia.org - Gold page

Other pages, on this guide, you may like...

cancer research

Gunsafes.com - Customer Reviews link
Affiliate Ad

Gold Supply and Demand

For the Best Bullion Market News...

Transfer from this

Gold Supply and Demand page


Visit the Homepage

Free Bullion Investment Guide

Enjoy this page? Please pay it forward. Here's how...

Would you prefer to share this page with others by linking to it?

  1. Click on the HTML link code below.
  2. Copy and paste it, adding a note of your own, into your blog, a Web page, forums, a blog comment, your Facebook account, or anywhere that someone would find this page valuable.


   Search the Guide

search engine by freefind

PayPal, Debt, or
Credit Card

Gold Nanoparticle Cancer Awareness Ribbon of the Free Bullion Investment Guide

This Guides Gives
1/2 its Earnings
to Individuals
are Battling Cancer

The Angel of Healing Cancer Fund

Archangel Raphael The Angel of Healing

Who is the
Angel of Healing?

The Archangel Raphael

This Guide's Contributions to those Battling Cancer


Next Ledger Entry 11/15/2021

Last Ledger Entry 10/15/2021


Donation Spreadsheet

Time-line of Who this Guide has Sponsored

2012 - 2020

Gold per Troy Oz.

Silver per Troy Oz.

recent guide updates

Bullion News on the Homepage

Updated - When the News is worth Posting

United States Bullion Coin Mintages

Last Updated




America the Beautiful

Tuskegee Airman

tuskegee airman atb


Silver Libertad

Mintage Figures

silver libertad


Gold Libertad

Mintage Figures


Jerusalem of Gold

Bullion Coin

silver panda

Photo  &

mintage figure

Cancer Awareness Information & Resources page

Cancer Awareness Gold Nano-Ribbon

Continuously Updated

Fast and Secure Shipping! SilverGoldBull.com