Editing Gold mining (section)

===Supply and demand===
World gold [[supply and demand|demand]] (defined in terms of total consumption excluding central banks) in 2007 was 3,519 tonnes.<ref name=gwc0811301>{{cite web
|url=http://www.research.gold.org/supply_demand/
|title=Supply and Demand Statistics
|publisher=[[World Gold Council]]
|date=November 2008
|access-date=2009-02-10
|archive-url=https://web.archive.org/web/20090210081030/http://www.research.gold.org/supply_demand/
|archive-date=2009-02-10
|url-status=dead
}}</ref> Gold demand is subdivided into central bank reserve increases, jewellery production, industrial consumption (including dental), and investment (bars, coins, [[exchange-traded fund]]s, etc.)

The supply of gold is provided by mining, official sales (typically gold by central banks), de-hedging (physical delivery of metal sold months before by mining companies on terminal markets), and old gold scraps. The total world supply of gold in 2007 was 3,497 tonnes.<ref name=gwc0811302>
{{cite web
 |url         = http://www.gold.org/deliver.php?file=/value/stats/statistics/pdf/Supply_Demand.pdf
 |title       = Gold Demand Trends
 |publisher   = [[World Gold Council]]
 |date        = November 2008
 |access-date  = 2009-02-10
 |url-status     = dead
 |archive-url  = https://web.archive.org/web/20100916033528/http://www.gold.org/deliver.php?file=%2Fvalue%2Fstats%2Fstatistics%2Fpdf%2FSupply_Demand.pdf
 |archive-date = 2010-09-16
}}</ref> Gold production does not need to make up for gold demand because gold is a reusable resource. Currently, yearly gold mining produces 2% of the existing above-ground gold which is 158,000 tonnes (as of 2006).<ref name=gfms070415>
{{cite web
|url=http://www.gfms.co.uk/Market%20Commentary/Gold%20Survey%202007%20Launch%20Presentation.pdf
|title=Gold Survey 2007
|publisher=[[GFMS Ltd]]
|date=April 2007
|access-date=2009-02-11
}}</ref> In 2008, gold mining produced 2,400 tonnes of gold, official gold sales close to 300 tonnes, and dehedging (physical delivery of metal sold months before by mining companies on terminal markets) close to 500 tonnes.<ref name=gfms090115>
{{cite web
|url=http://www.gfms.co.uk/Market%20Commentary/Gold%20Survey%202008%20Update%202%20Toronto%20Launch%20Presentation.pdf?videoId=92028
|title=Gold Survey 2008 - Update 2
|publisher=[[GFMS Ltd]]
|date=January 2009
|access-date=2009-02-11
}}</ref>