The World Gold Council (WGC) [वर्ल्ड गोल्ड काउंसिल] is an international organization that was founded in 1987 to promote the use of gold around the world. The WGC is funded by some of the world’s leading gold mining companies, and it operates in a variety of areas related to gold, including research, investment, and industry relations.
| Formation | 1987 |
| Headquarters | London, United Kingdom. |
| Worldwide Offices | New York, Shanghai, Mumbai, Sydney, and Tokyo. |
| Region served | Worldwide |
| President | Kelvin Dushnisky |
| CEO | David Tait |
| Website | www.gold.org  |
The WGC’s mission is to promote the use of gold as a mainstream asset, and it does this by conducting research and providing information to investors, policymakers, and the general public. The organization is also involved in developing industry standards and best practices related to gold mining and refining, and it advocates for responsible mining practices and environmental sustainability.
Overall, the World Gold Council (वर्ल्ड गोल्ड काउंसिल) is an important organization for the gold industry, and its work helps to ensure that gold continues to play an important role in the global economy.
World Gold Council (WGC) Members
The World Gold Council is a non-profit organization that represents the world’s leading gold mining companies. The current members of the World Gold Council are:
- AngloGold Ashanti
- Barrick Gold Corporation
- BHP Group
- Gold Fields
- Newcrest Mining
- Newmont Mining Corporation
- Polyus
- Royal Gold
- Shandong Gold
- Yamana Gold
These companies operate in various parts of the world and produce a significant portion of the world’s gold supply. The World Gold Council’s mission is to promote and support the gold industry, advocate for responsible mining practices, and provide insights and research on the global gold market.
World Gold Council India Rank
According to the latest World Gold Council (विश्व स्वर्ण परिषद) Report titled ‘Gold refining and recycling’, India has ranked 4th in global gold recycling in 2022. India recycled 80 tonnes of gold or you can say 7.5% of the total gold recycled across the world.
Frequently Asked Questions (FAQ):
We develop standards, expand access to gold, and tackle barriers to adoption to stimulate demand and support a vibrant and sustainable future for the gold market.
According to the World Gold Council (WGC) report titled ‘Gold refining and recycling’, China topped the global gold recycling chart as it recycled 240 tonnes of the yellow metal, followed by Italy in the second position with 85 tonnes and the US in the third rank with 75 tonnes in 2023
Sunny and his friend Sanjay Gujar (Bunty) are known as ‘Golden Boys. ‘ They wear around 4 to 7 kg of gold (each) ornaments daily.
Gold (Yellow Metal) mining is a global business with operations on every continent, except Antarctica, and gold is extracted from mines of widely varying types and scale. At a country level, China was the largest producer in the world in 2022 and accounted for around 9 per cent of total global production.
24k gold is pure gold (Yellow Metal). It has absolutely no alloy added to it. Its bright yellow color is not common in the U.S. or other western countries. However, it’s very popular in China, India, and other Asian countries.
Historians believe Indians developed the world’s first coins. One line of thought amongst archaeologists attribute Kushan emperor Vima Kadphises to introduce the first standardised gold coins in the subcontinent in approximately 100 AD.
The World Gold Council is a non-profit organization that represents the world’s leading gold mining companies. The current members of the World Gold Council are:
Anglo Gold Ashanti, Barrick Gold Corporation, BHP Group, Gold Fields, Newcrest Mining, Newmont Mining Corporation, Polyus, Royal Gold, Shandong Gold, Yamana Gold.
The World Gold Council (WGC) is a non-profit association of the world’s leading gold mining companies, established in 1987. The organization is headquartered in London, United Kingdom, with offices in various locations worldwide including New York, Shanghai, Mumbai, Sydney, and Tokyo.
The WGC is a non-profit association of the world’s leading gold mining companies, established in 1987.