World Gold Council
The World Gold Council is a membership organization that champions the role gold plays as a strategic asset, shaping the future of a responsible and accessible gold supply chain. The WGC aims to maximize the industry's potential growth by monitoring and defending existing gold consumption. WGC drives industry progress that shapes policy and sets the standards for a perpetual and sustainable gold market. The organization works to improve understanding of the gold market and underscore gold's value to individuals, investors, and the world at large. WGC comprises 32 leading gold mining companies from around the world, with members headquartered across various countries and operate mining activities in over 45 nations.
The World Gold Council is a market development organization for the gold industry.
The organization plays a pivotal role in shaping the global gold market, ensuring that gold continues to meet the evolving needs of investors, industries, and societies worldwide.
Headquartered in London, WGC covers the markets which comprise about three-quarters of the world's annual gold consumption.
WGC delivers positive impact worldwide through their offices in Beijing, London, Mumbai, New York, Shanghai, and Singapore.
WGC KEY ACTIVITIES
Market Development.
WGC works to stimulate and sustain demand for gold through strategic marketing initiatives, research, and advocacy, aiming to position gold as a valuable asset in investment portfolios and a key component in various industries.
Research and Analysis.
The organization provides in-depth analyses on gold's economic, social, and cultural impacts, offering valuable insights to investors, policymakers, and the public.
Product Innovation.
Collaborating with financial institutions, the WGC has been instrumental in developing gold-backed financial products, such as ETFs, making it easier for investors to gain exposure to gold.
Advocacy and Policy Engagement.
WGC advocates for policies that support the gold industry, promote responsible mining practices, and ensure the integrity of the gold market.