Gold market news and events

Latest news

World Gold Council publishes update to its Guidance Note on Non-GAAP Metrics – All-In Sustaining Costs and All-In Costs

The World Gold Council today published an update to its Guidance Note on “all-in sustaining costs” and “all-in costs”, which was first issued in June 2013.

World Gold Council launches definitive platform for gold data, analytics and research

The World Gold Council today launched Goldhub, a market-leading source of data, insights and analytical tools aimed at helping investors understand gold’s value as a strategic asset.

The World Gold Council welcomes Shandong Gold Group as a Member and establishes its China Chapter

Shandong logo

The World Gold Council, the market development organisation for the gold industry, today announced that Shandong Gold Group has now joined the Board as a Member. Shandong Gold Group is one of the largest gold producers in China and is actively committed to ecological mining. It is also listed on the Shanghai Stock Exchange.

Aram Shishmanian to step down as CEO of the World Gold Council in 2019

The World Gold Council has today announced that Aram Shishmanian will be stepping down as Chief Executive Officer next year after 10 years of leadership. Mr Shishmanian has been CEO of the World Gold Council since January 2009.

Slowdown in ETF inflows drives 4% decline in gold demand in Q2 2018

Global gold demand remained muted in Q2 2018 at 964 tonnes (t), 4% below the same period in 2017, according to the World Gold Council’s latest Gold Demand Trends report. Slower inflows into gold-backed exchange-traded funds (ETFs) created a weak comparison against the highs of last year, contributing to the lowest H1 demand since 2009. Whilst China, the world’s largest gold market, saw a 7% rise in consumer demand as bar and coin demand rose 11% and jewellery demand hit a three-year high.

Development Research Center of the State Council and the World Gold Council jointly release "Recommendations for the further development of China’s gold market"

Gold bar

On July 25th, the 3rd China International Gold Conference, co-sponsored by the China Gold Association and the World Gold Council, was held in Beijing. At the event, the Development Research Center of the State Council and the World Gold Council jointly issued the "Recommendations for the further development of China's gold market report".

New report from the World Gold Council explores the climate change impacts of gold

The World Gold Council today launched its ‘Gold and climate change’ report, aiming to provide investors with greater clarity around gold’s impacts on climate change. 

Marking one year since the recommendations from the Taskforce on Climate-Related Financial Disclosure (TCFD), the report is an initial step to build understanding of the gold industry’s greenhouse gas emissions (GHG) footprint, the efforts already underway to reduce emissions and gold’s role in improving energy efficiency and developing low carbon technologies.

Consultation launches on Responsible Gold Mining Principles

The World Gold Council, the market development organisation for the gold industry, has today published a consultation paper on its Responsible Gold Mining Principles. These Principles are a new framework that set out clear expectations for investors and downstream users as to what constitutes responsible gold mining.

The World Gold Council, working with its Members, the world’s leading gold mining companies, has set out these Principles that it believes address key environmental, social and governance issues for the gold mining sector.

The 30-year view: examining the future of gold

The World Gold Council today launched a one-off essay collection, Gold 2048, bringing together industry-leading experts from across the globe to analyse how the gold market is set to evolve in the next 30 years with key conclusions emerging from authors such as George Magnus, senior economist; Rick Lacaille, Global Chief Investment Officer of State Street Global Advisors; and Michelle Ash, Chief Innovation Officer at Barrick Gold.

Events

Russian Bullion Market Forum

The precious metals market and its associated financial instruments play a significant role as an alternate source of investment. The Forum brings together experts in the market, both in Russia and globally, to discuss a range of issues connected with the market and the future of the industry.

Tackling long-term global investment challenges

New York

The World Gold Council and NYU Stern School of Business' inaugural annual conference: Tackling long-term global investment challenges.

Our inaugural investment summit brought together leading industry experts, asset owners, academics, policy makers and official institutions to discuss the major long-term challenges facing investors today.

Mining Journal Select Conference

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Mining Journal Select London is a carefully selected group of projects as nominated by the Mining Journal from around the world for the Gold & Silver, Copper & Zinc and Energy Minerals commodity groups.

ETFs Global Markets Roundtable

On 19 April, the first of four ETFs Global Markets Roundtable conferences will be held in London. The series of conferences will offer an opportunity for a substantive and in-depth discussion about the liquidity, trading, technological and regulatory developments impacting ETFs in the respective jurisdictions.

IIFM-WGC Industry Consultative Meeting on Gold Documentation and Products Standardisation

On 28 March, The World Gold Council and the Islamic Financial Market (IIFM) are holding an Industry Consultative Meeting on Gold Documentation and Products Standardisation.

India International Bullion Summit

IIBS logo

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At the 5th India International Bullion Summit (IIBS -5), the World Gold Council’s CEO Aram Shishmanian will be delivering the key note speech.

In addition, Somasundaram PR, World Gold Council’s Managing Director, India will be participating in a panel discussion about India’s Gold Policy and the implementation of the framework.