The World Gold Council, the market development organisation for the gold industry, has today published a consultation paper on its new Retail Gold Investment Principles.
These Principles are designed to set the bar for product providers across the market and further encourage retail investors to place their trust in gold. It is envisaged that greater trust will benefit customers and product providers alike, creating value and driving demand across the industry.
The Principles are aimed primarily at the providers of unregulated gold investment products, encouraging best practice, so that customers can feel confident in this important market segment.
Adoption of the Principles and implementation of best practice are key to fostering trust which will help the retail gold industry grow and fulfil its potential.
The consultation will run until Friday 3rd April 2020 and we will be seeking input from a wide range of stakeholders across the retail gold market. Input can be provided through an online survey.
The draft Principles and the consultation questionnaire can be accessed here.