Press Releases

The World Gold Council (WGC), the market development organisation for the gold industry, has welcomed Gold Fields back as a member.

A new report by the World Gold Council highlights the role of its members, many of the world’s most forward-thinking gold mining companies, in contributing to socio-economic development in the countries and communities where they operate. 

In the third quarter of 2021 demand for gold* fell 7% year-on-year and 13% quarter-on-quarter to 831t, primarily due to outflows from gold-backed exchange-traded funds (gold ETFs), according to the World Gold Council’s latest Gold Demand Trends report.

The World Gold Council today launched a report titled ‘The drivers of Indian gold demand’, the first in a series of in-depth analysis on the Indian gold market. Using an econometric model, it draws on three decades of annual data, dating from 1990 to 2020, to gauge some of the principal influences driving gold demand in India.

The International Council on Mining and Metals (ICMM) recently published a statement setting out its position on climate change and reasserting its commitment to mining industry decarbonisation in line with the goals of the Paris Agreement. The World Gold Council, a member association of the ICMM, welcomes this statement and shares the vision of mining operations accelerating climate actions to reduce greenhouse gas (GHG) emissions. 

The World Gold Council today launched a new report “Gold and climate change: Decarbonising investment portfolios”, which looks at gold’s potential impact on the carbon profile of investment portfolios and their alignment with climate targets. 

The World Gold Council today announced that its members, 33 of the world’s most forward-thinking gold miners, have committed to reporting their positions and progress on climate-related risks in line with the recommendations of Taskforce for Climate-related Financial Disclosures (TCFD).

Consumers and central banks counterbalance softer ETF inflows to produce stable Q2 gold demand

• Jewellery and investment demand expected to continue its post-pandemic recovery in second half of year
• Modest increases expected in central bank buying and in gold supply
   

The World Gold Council today unveiled a multi-media campaign in partnership with Gem & Jewellery Export Promotion Council (GJEPC) to increase awareness, relevance and adoption of gold jewellery amongst young Indian consumers.