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World Gold Council

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World Gold Council
Formation1987 (37 years ago) (1987)
TypeTrade association
Legal statusActive
HeadquartersLondon, United Kingdom
Region served
Worldwide
Kelvin Dushnisky
David Tait
Websitewww.gold.org Edit this at Wikidata

The World Gold Council is an international trade association for the gold industry. It is headquartered in London and has offices in India, China, Singapore, the UAE and the United States.[1] The organization's members are gold mining companies.[2] David Harquail is its president and David Tait is the CEO.[3] Its aim is stimulating and sustaining demand for gold through market development.[4]

World Gold Council was founded in 1987 in a merger with South African company Intergold, inheriting its international offices. At the time imports of the South African Krugerrand had been banned in multiple countries to protest against South Africa's apartheid.[5][6][7]

It publishes research advocating for gold, various products such as SPDR Gold Shares and gold accumulation plans in India and China,[8] and films promoting its corporate activity.[9]

References

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  1. ^ "World Gold Council Headquarters & Offices". www.gold.org. Archived from the original on 3 July 2017. Retrieved 12 October 2019.
  2. ^ "World Gold Council Members". www.gold.org. Archived from the original on 3 July 2017. Retrieved 6 July 2017.
  3. ^ Ghosal, Sutanuka (28 November 2018). "Mr.Tait is the new CEO". economictimes.com. Archived from the original on 5 March 2024. Retrieved 17 December 2018.
  4. ^ "Who We Are | World Gold Council". www.gold.org. Archived from the original on 12 August 2019. Retrieved 6 July 2017.
  5. ^ "Major Producers of Gold Form Trade Association". Wall Street Journal. 17 October 1986. p. 1. ProQuest 397962100.
  6. ^ Secter, Bob (2 October 1985). "Reagan Bans Imports of S. Africa Krugerrand". Los Angeles Times. Retrieved 3 July 2024.
  7. ^ Walker, Pat (7 November 1986). "Chamber of Mines agrees to merge Intergold into World Gold Council". American Metal Market. 94: 1–3. Gale A4510106.
  8. ^ "World Gold Council and ICBC launch first gold accumulation plan in China". www.gold.org. 16 December 2010. Archived from the original on 24 November 2016. Retrieved 24 November 2016.
  9. ^ Corcoran, Terence (15 March 2024). "Terence Corcoran: Did Idris Elba's 'Goldfather' video boost gold prices?". Financial Post. Retrieved 3 July 2024.
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