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{{Short description|International trade association for the gold industry}}
The '''World Gold Council''' is the [[market development]] organisation for the [[gold]] industry. Working within the [[investment]], [[jewellery]] and [[technology]] sectors, as well as engaging in [[Government|government affairs]], its purpose is to provide industry leadership, whilst stimulating and sustaining demand for gold.<ref>{{cite web|url=http://www.gold.org/about_us/who_we_are/ |title=About us > Who we are |accessdate=2013-09-06|website = www.gold.org}}</ref>
{{Use dmy dates|date=March 2019}}
{{Use British English Oxford spelling|date=March 2019}}
{{advert|date=December 2023}}
{{Infobox organization
| name = World Gold Council
| logo = World Gold Council logo.svg
| image =
| caption =
| former name =
| formation = {{start date and years ago|1987|df=y|p=y}}
| founder =
| language =
| purpose =
| type = [[Trade association]]
| status = Active
| headquarters = [[London]], [[United Kingdom]]
| region_served = Worldwide
| leader_title = [[President (corporate title)|President]]
| leader_name = Kelvin Dushnisky
| leader_title2 = [[CEO]]
| leader_name2 = David Tait
| motto =
| website = {{official URL}}
}}


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 [[United Arab Emirates|UAE]] and the [[United States]].<ref>{{cite web |title=World Gold Council Headquarters & Offices |url=https://www.gold.org/who-we-are/headquarters-and-offices |url-status=live |archive-url=https://web.archive.org/web/20170703224752/http://www.gold.org/who-we-are/headquarters-and-offices |archive-date=3 July 2017 |access-date=2019-10-12 |website=www.gold.org}}</ref> The organization's members are gold mining companies.<ref>{{cite web |title=World Gold Council Members |url=https://www.gold.org/who-we-are/our-members |url-status=live |archive-url=https://web.archive.org/web/20170703011231/http://www.gold.org/who-we-are/our-members |archive-date=3 July 2017 |access-date=2017-07-06 |website=www.gold.org}}</ref> David Harquail is its president and David Tait is the CEO.<ref>{{cite news |last1=Ghosal |first1=Sutanuka |date=2018-11-28 |title=Mr.Tait is the new CEO |url=https://economictimes.indiatimes.com/markets/commodities/news/world-gold-council-appoints-david-tait-as-ceo/articleshow/66846993.cms |url-status=live |archive-url=https://web.archive.org/web/20240305180712/https://economictimes.indiatimes.com/markets/commodities/news/world-gold-council-appoints-david-tait-as-ceo/articleshow/66846993.cms |archive-date=5 March 2024 |access-date=2018-12-17 |work=economictimes.com}}</ref> Its aim is stimulating and sustaining demand for gold through [[market development]].<ref>{{Cite web|url=https://www.gold.org/who-we-are|title=Who We Are {{!}} World Gold Council|website=www.gold.org|access-date=2017-07-06|archive-date=12 August 2019|archive-url=https://web.archive.org/web/20190812235731/https://www.gold.org/who-we-are|url-status=live}}</ref>
Based in the [[UK]], with operations in [[India]], the [[Far East]] and the [[USA]]<ref>{{cite web|url=http://www.gold.org/about-us/our-offices |title=World Gold Council offices |website = www.gold.org}}</ref>, the World Gold Council is an association whose members comprise the world’s leading [[gold mining]] companies.<ref>{{cite web|url=http://www.gold.org/about-us/our-members |title=World Gold Council members |website = www.gold.org}}</ref>


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.<ref>{{cite news |id={{ProQuest|397962100}} |title=Major Producers of Gold Form Trade Association |newspaper=Wall Street Journal |date=17 October 1986 |page=1 }}</ref><ref>{{Cite news |last=Secter |first=Bob |date=2 October 1985 |title=Reagan Bans Imports of S. Africa Krugerrand |url=https://www.latimes.com/archives/la-xpm-1985-10-02-mn-16058-story.html |access-date=3 July 2024 |work=Los Angeles Times}}</ref><ref>{{cite journal |id={{Gale|A4510106}} |last1=Walker |first1=Pat |title=Chamber of Mines agrees to merge Intergold into World Gold Council |journal=American Metal Market |date=7 November 1986 |volume=94 |pages=1–3 }}</ref>
As of september 2015, World gold council 18 members are:
* [[Acacia Mining|Acacia]]
* [[Agnico Eagle Mines Limited|Agnico Eagle]]
* Alamos Gold Inc
* [[Barrick Gold|Barrick]]
* [[Buenaventura (mining company)|Buenaventura]]
* [[Centerra Gold]]
* [[China National Gold Group Corporation|China Gold]]
* [[Eldorado Gold]]
* [[Franco-Nevada]]
* [[Goldcorp]]
* [[Golden Star Resources]]
* [[Kinross Gold]]
* [[New Gold]]
* [[Newmont Mining Corporation|Newmont]]
* Primero
* [[Royal Gold]]
* [[Silver Wheaton]]
* [[Yamana Gold]]


It publishes research advocating for gold, various products such as [[SPDR Gold Shares]] and [[Gold as an investment|gold accumulation]] plans in India and China,<ref>{{Cite web|url=https://www.gold.org/news-and-events/press-releases/world-gold-council-and-icbc-launch-first-gold-accumulation-plan-china|title=World Gold Council and ICBC launch first gold accumulation plan in China|website=www.gold.org|date=16 December 2010|access-date=2016-11-24|archive-date=24 November 2016|archive-url=https://web.archive.org/web/20161124224156/https://www.gold.org/news-and-events/press-releases/world-gold-council-and-icbc-launch-first-gold-accumulation-plan-china|url-status=live}}</ref> and films promoting its corporate activity.<ref>{{Cite web |last=Corcoran |first=Terence |date=March 15, 2024 |title=Terence Corcoran: Did Idris Elba's 'Goldfather' video boost gold prices? |url=https://financialpost.com/opinion/did-idris-elba-goldfather-video-boost-gold-prices |access-date=3 July 2024 |website=Financial Post}}</ref>


==References==
==References==
Line 28: Line 35:


==External links==
==External links==
* {{official}}
*[http://www.gold.org/ World Gold Council official site]



{{Authority control}}
{{Authority control}}

[[Category:Gold mining]]
[[Category:Gold mining]]
[[Category:International organisations based in London]]
[[Category:International trade associations|Gold]]
[[Category:International trade associations|Gold]]
[[Category:Organisations based in the City of London]]
[[Category:Organizations established in 1987]]
[[Category:Organizations established in 1987]]
[[Category:Jewellery]]
[[Category:Jewellery]]
[[Category:Investment]]
[[Category:Investment]]
[[Category:Central banks]]
[[Category:Operations of central banks]]
[[Category:Mining trade associations]]


{{business-org-stub}}
{{business-org-stub}}

Latest revision as of 22:44, 5 November 2024

World Gold Council
Formation1987 (38 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

[edit]
  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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