World Gold Council responds to the ECB’s announcement that the Central Bank Gold Agreement won’t be renewed
The European Central Bank (ECB) announced today that the Central Bank Gold Agreement (CBGA) won’t be renewed for a fifth time. Read the response from the World Gold Council's Managing Director, Central Banks & Public Policy, Natalie Dempster.
Global gold demand grew to 1,053.3t in the first quarter of 2019, up 7% on the same period last year, according to the World Gold Council’s latest Gold Demand Trends report.
The World Gold Council and Industrial and Commercial Bank of China (“ICBC”) have signed a memorandum of understanding for strategic cooperation within China’s gold market.
World Gold Council opens consultation on the Exposure Draft of the Responsible Gold Mining Principles
The World Gold Council, the market development organisation for the gold industry, has today launched the Exposure Draft of its Responsible Gold Mining Principles. The Principles make up a new framework that sets out clear expectations for investors and downstream users as to what constitutes responsible gold mining.
Global gold demand reached 4,345.1 tonnes (t) in 2018, up 4% on 2017 and in line with five-year average demand of 4,347.5t, according to the World Gold Council’s latest Gold Demand Trends report.
The World Gold Council, the market development organisation for the gold industry, has welcomed Teranga Gold Corporation and Endeavour Mining Corporation to its Board of Members.
The World Gold Council, the market development organisation for the gold industry, today announced the appointment of David Tait as incoming Chief Executive Officer.
World Gold Council and MMTC-PAMP launch India’s first ‘Precious Metals Assay and Training Institute’
The World Gold Council and MMTC-PAMP India Pvt. Ltd. have jointly launched the ‘Precious Metals Assay and Training Institute’ (PMATI) to develop a new generation of skilled assayers.
World Gold Council publishes update to its Guidance Note on Non-GAAP Metrics – All-In Sustaining Costs and All-In Costs
Global gold demand was steady in Q3 2018 at 964 tonnes (t), up just 6t year-on-year according to the World Gold Council’s latest Gold Demand Trends report. Robust central bank buying and a 13% rise in consumer demand offset large outflows in gold-backed exchange-traded funds (ETFs). Lower gold prices saw retail investors take refuge in bars and coins, while jewellery purchases increased in India, China and across South-East Asia.
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.
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.
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"
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".
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.
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.
The World Gold Council’s flagship summit for senior officials from central banks, sovereign wealth funds, and finance ministries.
This year’s programme will be led by distinguished scholars from the PBC School of Finance at Tsinghua University, experts from the World Gold Council and other industry experts.
The role of gold in an era of uncertainty
We are pleased to invite you to the World Gold Council, Tsinghua PBC School of Finance and the China Gold Association’s conference on the role of gold in an era of uncertainty.
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.
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.
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.
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.
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.