Shanghai Gold Exchange Withdrawals Week Ended April 3, 2015

The Shanghai Gold Exchange.

Gold Withdrawals on the Shanghai Gold Exchange.

The Shanghai Gold Exchange delivered 40.003 tonnes of gold during the week ended April 3,2015.

Withdrawals of gold on the Shanghai Gold Exchange are about 650 tonnes to date in 2015.

Buy Gold Online

Shanghai gold exchange deliveries vs global gold mining production

In 2014, the Shanghai Gold Exchange delivered an amount of gold equal to more than 75% of the annual global gold mining production.

Chinese Gold Mining Production

Chinese mining production chart

China is the world’s largest gold mining country with mining production over 400 tonnes a year, none of which they export.

Gold Supply and Demand

Annual gold mining supply is considered to be around 2,600 tons a year and secondary supply from scrap about 1,100 tons a year*. Supply deficits are made up from existing stocks of which, accoding to the World Gold Council there are 177,200 tons of gold in existence above ground.

gold supply and demand chart

The gold supply and demand dynamic according to the CPM group was in balance in 2015.

Volume of Gold Delivered on the Shanghai Gold Exchange

Here is Nick Laird’s weekly chart showing Shanghai Gold Exchange gold withdrawals:

shanghai gold exchange withdrawals chart april 2015

The Shanghai Gold Exchange delivered 40 tons of gold in the week ended April 3, 2015; the second week in a row that the SGE has failed to deliver at least 50 tons of gold.

*Gold Mining Production and Secondary Supply Source:2014 Gold Year Book published by CPM Group

Get Free Updates From Smaulgld.com

Subscribe to Smaulgld.com and get the free In Case You Missed Itweekly email as well as updates and analysis on gold, silver, real estate and the economy.

Also get the free report “Twelve Key Differences Between Gold and Silver” when you subscribe.






Subscribe to Smaulgld.com to receive free gold and silver updates, news and analysis.

Buy American Gold Buffalo Coins

Further Reading:

Shanghai Gold Exchange Withdrawals (weekly archive)

Shanghai Gold Exchange vs Comex Gold Deliveries

Gold ETF Holdings vs the Shanghai Gold Exchange

China and Gold

India and Gold

Russia and Gold

Gold and Silver Price Manipulation – Suspected

Gold and Silver Price Manipulation – Actual

Gold Reserves by Country – Top Twenty

Gold Moves West to East Part 1

Gold Moves West to East Part 2

Gold ETF Holdings on the Rise

Chinese vs. United States Gold Demand

Chinese Gold Production

China Hoards its Gold Production

Gold Supply and Demand

Please visit the Smaulgld Store for a large selection of recommended Kindles, books, music, movies and other items.


You can support Smaulgld.com by making all your Amazon purchases through the search widget below and by ordering your gold and silver by clicking on the JM Bullion, BGASC, Golden Eagle Coin, Perth and Royal Canadian Mint ads on the site.

DISCLOSURE: Smaulgld provides the content on this site free of charge. If you purchase items though the links on this site, Smaulgld LLC. will be paid a commission. The prices charged are the same as they would be if you were to visit the sites directly. Please do your own research regarding the suitability of making purchases from the merchants featured on this site.

Chart Disclaimer: Information presented here has been obtained from a third party and is presented for information purposes only. Smaulgld can not and does not guarantee the accuracy or timeliness of the data displayed on this site and therefor the data provided should not be used to make actual investment decisions. You should always consult a professional investment adviser before investing in precious metals or any type of investment. You acknowledge that Smaulgld assumes no responsibility for the integrity of data on this site.

The content provided here is for informational purposes only. Making investment decisions based on information published by Smaulgld (SG), or any Internet site, is not a good idea. Accordingly, users agree to hold SG, its owner and affiliates, harmless for all information presented on the site. SG presents no warranties. SG is not responsible for any loss of data, financial loss, interruption in services, claims of libel, damages or loss from the use or inability to access SG, any linked content, or the reliance on any information on the site.

The information contained herein does not constitute investment advice and may be subject to correction, completion and amendment without notice. SG assumes no duty to make any such corrections or updates. As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment. SG disclaims any and all liability relating to any investor reliance on the accuracy of the information contained herein or relating to any omissions or errors and as such disclaims any and all losses that may result.

Post Navigation