Spreadsheet: b3b0e297-b6e1-4c42-85da-cbc815b9a678
Sheet: Sheet1

Table 3: Gold supply and demand (WGC presentation) | Unnamed: 1 | Unnamed: 2 | Unnamed: 3 | Unnamed: 4 | Unnamed: 5 | Unnamed: 6 | Unnamed: 7 | Unnamed: 8 | Unnamed: 9 | Unnamed: 10 | Unnamed: 11 | Unnamed: 12 | Unnamed: 13 | Unnamed: 14 | Unnamed: 15 | Unnamed: 16
 | 2004 | 2005 | 2006 | % ch 2006 vs 2005 | Q1'05 | Q2'05 | [NAME] | Q4'05 | Q1'06 | Q2'06 | Q3'06 | Q4'06 | Q1'07 | Q2'072 | % ch [NAME] vs Q2'06 | % ch H1'07 vs H1'06
Supply
Mine production | 2492 | 2550.360060717289 | 2474.537223358457 | -2.973024810367647 | 584.9250139263603 | 614.5647209009278 | 664.0164176940989 | 686.8539081959024 | 573.8250422264334 | 597.1798264022509 | 643.9423175573966 | 659.5900371723764 | 591.9359216453386 | 616.178553266056 | 3.181408015448909 | 3.169039452941618
Net producer hedging | -422 | -86.14338127585482 | -368.5469309414947 | … | -21.79586122671162 | -74.54730548661018 | -19.09718089017451 | 29.2969663276415 | -143.2470351622032 | -139.0221238468475 | -59.0846716214117 | -27.19310031103239 | -128.0635209511367 | -162 | … | …
Total mine supply | 2070 | 2464.216679441435 | 2105.990292416962 | -14.53713019691401 | 563.1291526996487 | 540.0174154143176 | 644.9192368039244 | 716.1508745235438 | 430.5780070642302 | 458.1577025554034 | 584.8576459359849 | 632.396936861344 | 463.8724006942019 | 454.178553266056 | -0.868510835276453 | 3.298533413625378
Official sector [NAME] | 469 | 674.281354437197 | 329.0761889038619 | -51.19601235621706 | 268.673114277728 | 142.8872039145849 | 85.9780733660274 | 176.7429628788568 | 100.6458429651564 | 117.0398454570239 | 61.32309620861315 | 50.06740427306846 | 107.5843925779114 | 148.0284619599934 | 26.47698002501915 | 17.42290289757977
Old gold scrap | 849 | 886.065 | 1105.838 | 24.803259354562 | 203.636 | 198.772 | 209.868 | 273.789 | 301.092 | 327.1 | 235.213 | 242.433 | 252.117 | 237.338 | -27.4417609293794 | -22.08512684020172
Total Supply | 3388 | 4024.563033878632 | 3540.904481320824 | -12.01766622826844 | 1035.438266977377 | 881.6766193289025 | 940.7653101699518 | 1166.682837402401 | 832.3158500293865 | 902.2975480124272 | 881.393742144598 | 924.8973411344125 | 823.5737932721132 | 839.5450152260494 | -6.954749342343717 | -4.121644028828584
Demand
Fabrication
Jewellery | 2613.856 | 2707.181 | 2279.105 | -15.8126109779878 | 706.29 | 773.851 | 658.368 | 568.672 | 518.92 | 528.42 | 606.135 | 625.63 | 575.11 | 696.74 | 31.85344990727074 | 21.43620982679933
Industrial & dental | 411.042 | 427.1742 | 451.976 | 5.806015438198273 | 105.3033 | 109.9333 | 106.6423 | 105.2953 | 110.865 | 113.757 | 113.642 | 113.712 | 113.649 | 116.528 | 2.435894054871341 | 2.473043602140464
Sub-total above fabrication | 3024.898 | 3134.3552 | 2731.081 | -12.86625714915782 | 811.5933 | 883.7843 | 765.0103 | 673.9673 | 629.785 | 642.1769999999999 | 719.777 | 739.342 | 688.759 | 813.268 | 26.64234315461316 | 18.0874114163788
Bar & coin retail investment3 | 397.8162394459999 | 411.2159 | 410.9484 | -0.06505098659852138 | 130.301725 | 119.865725 | 92.467725 | 68.580725 | 87.94800000000001 | 96.412 | 109.3827 | 117.2057 | 123.543 | 147.082 | 52.5556984607725 | 46.79160338468213
Other retail investment | -59.72150049423497 | -26.4463345595708 | -28.04364593932831 | … | -10.29574276434226 | -9.918855335481004 | -6.54346746716196 | 0.311731007414366 | -3.449612315497921 | -8.303553003929697 | -5.924586092321634 | -10.36589452757894 | -13.05485404936367 | -14.16036349441186 | … | …
ETFs & similar | 132.6486883854452 | 208.0812028728796 | 260.1644201896137 | 25.03023656036467 | 88.54254891291453 | -1.587275576967556 | 37.53599299122732 | 83.58993654570531 | 112.9090408557659 | 48.87825617454786 | 19.23404428014442 | 79.1430788791555 | 36.37703665344895 | -2.55252748159046 | … | -79.09322314376705
Total Demand | 3495.64142733721 | 3727.205968313309 | 3374.150174250286 | -9.472398280763457 | 1020.141831148572 | 992.1438940875514 | 888.4705505240654 | 826.4496925531197 | 827.1924285402679 | 779.1637031706182 | 842.4691581878228 | 925.3248843515765 | 835.6241826040853 | 943.6371090239977 | 21.10896659894381 | 10.76381236413873
"Inferred investment"4 | -107.6414273372102 | 297.357065565323 | 166.7543070705378 | -43.92118890684119 | 15.29643582880442 | -110.467274758649 | 52.29475964588642 | 340.2331448492808 | 5.123421489118641 | 123.133844841809 | 38.92458395677522 | -0.4275432171640432 | -12.05038933197204 | -104.0920937979483 | … | …
London PM fix (US$/oz) | 409.17 | 444.4478000000001 | 603.7722000000001 | 35.84771934971889 | 427.35 | 427.39 | 439.72 | 484.2008196721312 | 554.065625 | 627.7081967213114 | 621.66953125 | 613.2098360655738 | 649.8164062500001 | 666.8418032786884 | 6.234362839577742 | 11.41372277234163