The World Gold Council (WGC) is the market development organisation for the gold industry, acting as the global authority on gold’s role in the economy and society. Established in 1987 and headquartered in London, it is a non-profit association funded by 29 of the world’s leading and most forward-thinking gold mining companies, including industry giants like

We are a membership organisation that champions the role gold plays as a strategic asset, shaping the future of a responsible and accessible gold supply chain. 

  • Strategic Asset Championing: Position gold as a crucial investment tool to hedge against risk and inflation.
  • Responsible Sourcing: Enhancing transparency across the entire value chain and promoting environmental, social, and governance (ESG) standards in mining.
  • Market Innovation: Developing new digital infrastructure to modernize gold ownership, trading, and efficiency.
  • Insights & Analysis: Providing trusted research and data to understand the global gold market.

Our team of experts builds understanding of the use case and possibilities of gold through research, analysis, commentary and insights. The World Gold Council (WGC) is a London-headquartered membership organization established by leading mining companies to promote the strategic role of gold. They shape the future of a responsible, accessible gold supply chain through market research, policy advocacy, and setting high standards for trust and sustainability. 

We drive industry progress, shaping policy and setting the principles for a perpetual and sustainable gold market. The World Gold Council is the global authority on gold, serving as a membership body that promotes gold’s value as a strategic asset while driving standards for a responsible and transparent supply chain. 

The World Gold Council was formed in 1987 by some of the world’s most forward-thinking mining companies. The WGC’s primary goal is to stimulate and sustain the demand for gold by providing industry leadership and market intelligence. Its mission is built on three core pillars.

  • Responsible Gold Mining Principles (RGMPs): A framework of 51 principles that set clear expectations for what constitutes ethical mining, covering human rights, environmental stewardship, and community engagement.
  • Conflict-Free Gold Standard®: Provides a common approach for producers to ensure their gold does not support armed conflict or human rights abuses.
  • Economic Impact: In 2020 alone, WGC members contributed over $38 billion to the local economies of host countries through wages, taxes, and local procurement.

There are three core pillars to our mission in serving the gold market and its participants. Learn more about our work in each of the following areas:

  • Improving understanding
  • Improving access
  • Improving trust

Governance

The World Gold Council is governed by our Board of Directors, comprised of member company representatives (Chairperson or Chief Executive Officer) and the World Gold Council’s Chief Executive Officer. The Board has a fiduciary responsibility to all Members in ensuring that the World Gold Council fulfills its mission and objectives.

Our Members

The World Gold Council’s 31 Members are some of the world’s most forward-thinking gold mining companies. They are headquartered across the world and have mining operations in over 45 countries. 

Our Members share our vision of ensuring a sustainable gold mining industry, based on a deep understanding of gold’s role in society, now and in the future.

Our Leadership

Comprised of global industry and functional experts, World Gold Council’s management team focuses on driving forward initiatives to underscore and advance gold’s significant role in meeting the diverse needs of society.

Our Offices

As a leading organisation in the gold industry, we’re committed to shaping the conversation around gold and creating a brighter future for all.

Source:

TJT

www.gold.org