Gold market news and events

Latest news

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

24 September, 2018

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

3 August, 2018

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

Gold Demand Trends Q2 2018

2 August, 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

25 July, 2018

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

clouds

27 June, 2018

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

Responsible Gold Mining Principles

21 June, 2018

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

Gold 2048

17 May, 2018

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.

Gold demand in 2018 gets off to quiet start as investment slows

GDT Q1 2018

3 May, 2018

Gold demand had a soft start to 2018, reaching 973 tonnes (t), the lowest first quarter since 2008. This was largely caused by a fall in investment demand for gold bars and gold-backed exchange-traded funds (ETFs), as a subdued gold price environment hampered demand.

World Gold Council and International Islamic Financial Market collaborate to improve access to gold market for Islamic investors

WGC IIFM release

28 March, 2018

Today, the International Islamic Financial Market (IIFM) and World Gold Council led the IIFM-WGC Industry Consultative Meeting on Gold Documentation and Products Standardisation in Istanbul, Turkey. The meeting was hosted by Borsa İstanbul at their campus.

Detour Gold Corporation and Kirkland Lake Gold Ltd. join World Gold Council

21 March, 2018

The World Gold Council, the market development organisation for the gold industry, has welcomed Detour Gold Corporation and Kirkland Lake Gold Ltd. to its Board of Members.

Q4 recovery fails to mitigate full year declines in 2017

Gold Demand Trends full year 2017

6 February, 2018

Gold demand rallied in the closing months of 2017, gaining 6% year-on-year in Q4 to reach 1,095.8 tonnes (t). However, overall demand for the full year fell by 7% to 4,071.7t, compared with 2016, according to the World Gold Council’s latest Gold Demand Trends report.

Events

Executive programme in gold reserve management

26 November, 2018

This event is exclusively for senior central bankers, sovereign wealth fund investors and finance ministry officials. Our three-day intensive programme covers a range of essential learning modules, including: fundamentals of gold demand and supply; the role of gold as a reserve asset; case studies on gold reserve management in practice; gold market operations and accounting for gold.

Tackling long-term global investment challenges

25 April, 2018

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

26 June, 2018

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.

IIFM Seminar on Islamic Financial Market

8 May, 2018

On 8 May, the International Islamic Financial Market (IIFM) is holding a seminar on Islamic financial markets. Our Director of Central Banks & Public Policy, Andrew Naylor, is participating on a panel about gold in Islamic finance and documentation & products standardisation.

ETFs Global Markets Roundtable

19 April, 2018

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

28 March, 2018

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

14 March, 2018

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.

IFN World Leaders Summit

11 March, 2018

At the IFN World Leaders Summit- the World Gold Council’s Andrew Naylor, Director, Central Banks & Public Policy will be participating in a panel discussion with Islamic Finance industry leaders about gold’s prominence as of late in the Islamic world.

Vincenzaoro - The Jewellery Boutique Show

19 January, 2018

At Vincenzaoro - The Jewellery Boutique Show - the World Gold Council’s CEO Aram Shishmanian, will be presenting the evolution of gold and its future highlighting structural changes and their implications for the jewellery market.

African Mining Indaba 2018

5 February, 2018

At African Mining Indaba 2018, the World Gold Council will again be highlighting gold’s value as a strategic asset and its positive contributions to economies and society, focusing specifically on the outlook for demand and the factors that drive gold performance.  

13th International Gold & Silver Symposium

29 May, 2018

The 13th International Gold & Silver Symposium (Conferences & Exhibition) will take place in Lima on May 29 - 31, 2018. This event is organized by the National Society of Mining, Oil and Energy of Peru and its main objective is to promote awareness in the potential of natural resources, particularly gold and silver resources, as well as promote new investment and business opportunities in the region. 

3rd China Gold Congress

24 July, 2018

Hosted by the China Gold Association and the World Gold Council, the 3rd China Gold Congress and Expowill be held on July 24-26, 2018 in the China National Convention Center.