Press Releases

Shanghai Gold Exchange and World Gold Council partner to develop the Shanghai Free Trade Zone as a global gold market

Today, the Shanghai Gold Exchange and the World Gold Council, the market development organisation for the gold industry, signed a ‘Memorandum of Understanding’ regarding a ‘Comprehensive Strategic Cooperation Agreement.’ The Shanghai Gold Exchange is the largest physical gold exchange worldwide and the World Gold Council is the global authority on the gold industry. Together, these two organisations are joining hands to support the development of both domestic and international gold trading in China by leveraging the opportunity provided by the internationalisation of the Chinese gold market, through the Shanghai Free Trade Zone, to support market expansion. The agreement will support the development of gold investment products and solutions for the industry and investors both regionally and globally.

World Gold Council and Global Good to collaborate on improving sensitivity of diagnostic tests for malaria

The World Gold Council, the market development organisation for the gold industry, is partnering with Global Good, a collaboration between Intellectual Ventures and Bill Gates to invent technology that improves life in developing countries. The partners aim to conduct technical evaluations of methods to improve the sensitivity, further the reach, and enhance the reliability, of rapid diagnostic tests (RDTs) for febrile diseases, with an emphasis on malaria.

IIMA & World Gold Council join hands to set up India Gold Policy Centre

Ahmedabad, 26 November 14: Indian Institute of Management, Ahmedabad (IIMA) and the World Gold Council (WGC), today, announced the setting up of the ‘India Gold Policy Centre’. A first-of-its-kind initiative, the centre is aimed towards conducting cutting-edge research on all aspects of the Indian gold industry.

World Gold Council launches new video on the impact of the Conflict-Free Gold Standard

In 2012 the World Gold Council launched the Conflict-Free Gold Standard following an in-depth consultation with its Members, government, civil society and supply chain participants. The Conflict-Free Gold Standard’s purpose is to provide a common approach via which gold mining companies can assess that their gold has been extracted in a way that does not cause, support or benefit unlawful armed conflict. Since its launch two years ago, the Standard has been widely adopted and this year Member companies began reporting their conformance as part of their annual sustainability reports.