World Gold Council (WGC)

About WGC:

  • The World Gold Council is the market development organisation for the gold industry. It is an association of the world’s leading gold producers.
  • It was established in 1987 and is headquartered in the London United Kingdom.

WGC’s role:

Image Source-WGC
  • Developing policies and setting industry standards by working with governments, international agencies and policy-makers to develop policies that reduce barriers and improve access to gold.
  • Strengthening market infrastructure by facilitating transparent pricing, trading and settlement of gold and enabling easy market access with confidence and integrity.
  • Enhancing global data and insight to encourage greater understanding and acceptance of gold as a mainstream asset. Also bringing new investors to gold.
  • Supporting and advising central banks and sovereign wealth funds.
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