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World Gold Council

The World Gold Council is an international industry association and market development organisation for the gold sector. Established in 1987, it is headquartered in London and operates with regional offices across key gold markets worldwide. The council's membership comprises the world's leading gold mining companies, representing approximately one-quarter of global annual gold production. Its mandate encompasses promoting the use of gold through research, market intelligence and the development of gold-backed solutions, products and services. The organisation provides authoritative analysis on gold demand trends, supply dynamics and the metal's role in investment portfolios, central bank reserves and jewellery markets. It publishes quarterly Gold Demand Trends reports and maintains extensive data on global gold flows, mine production and consumption patterns. The World Gold Council also works with governments, financial institutions and industry stakeholders to develop gold market infrastructure and standards. Its research informs policy debates on gold's economic significance, particularly in emerging markets where gold plays a central role in savings and cultural practices. The council advocates for responsible mining practices among its members and engages in initiatives that support transparency and sustainability across the gold value chain.

World Gold Council News


Precious metals prices drop amid resurfacing Middle East tensions
Precious metals prices drop amid resurfacing Middle East tensions
13th July 2026 By: Sabrina Jardim

Following the latest hostilities in the US war with Iran, precious metals prices dropped across the board, with the gold price falling back below $4 100/oz and silver below $60/oz. In its latest... 


Informal miners
Incentives key to formalising artisanal gold mining
10th July 2026 By: Devina Haripersad

Creating incentives that allow artisanal and small-scale miners of gold to earn more from their work while improving environmental and social practices is central to efforts to formalise the... 


A generic image of gold bars
First-half gold ETF flows remained positive – World Gold Council
8th July 2026 By: Lumkile Nkomfe

Industry body the World Gold Council reports that global investors have continued to reduce their exposure to physically backed gold exchange-traded funds (ETFs) in June, but inflows for the first... 


A generic image of gold bars
Gold price outlook hinges on macroeconomic conditions as geopolitical risks, Asian demand gain influence
1st July 2026 By: Lumkile Nkomfe

In its latest gold appraisal, industry body the World Gold Council says the performance of the gold price in the first half of this year has underscored a sensitivity to shifting macroeconomic... 


Gold bars
Gold ETFs could see fresh outflows on rising bets on Fed monetary tightening
25th June 2026 By: Reuters

Bullion-backed exchange-traded funds (ETFs) could face renewed outflows if investors continue to increase their bets on interest rate hikes, analysts say — a factor that could pull already falling... 


An image of gold
Gold central bank demand to persist – Heraeus
22nd June 2026 By: Tasneem Bulbulia

Gold’s characterises and the demand for this precious metal make it an excellent reserve asset; therefore, central bank demand is likely to continue to persist into the future, Heraeus Precious... 


Survey shows increase in positive sentiment towards gold
Survey shows increase in positive sentiment towards gold
17th June 2026 By: Sabrina Jardim

In its latest Central Bank Gold Reserves Survey, the World Gold Council (WGC) reports that central banks are as enthusiastic as ever towards gold, with a record 45% of central banks reporting that... 


Red flags to note when commercial hedgers, large speculators diverge on gold
Red flags to note when commercial hedgers, large speculators diverge on gold
28th May 2026

Gold can look simple on the chart, but the positioning behind it often tells a more complicated story. South African traders know this well because gold is not just another global asset. It can... 


Bars of gold and silver
India raises gold and silver tariffs to 15% to curb imports, support rupee
13th May 2026 By: Reuters

India has raised import tariffs on gold and silver to 15% from 6%, government orders said on Wednesday, as part of efforts to curb overseas purchases of the metals and ease pressure on the... 


Pan American Silver CEO Michael Steinmann
Astute precious metals expert Steinmann joins Lundin Mining board
8th May 2026 By: Marleny Arnoldi

TSX- and Nasdaq-listed Lundin Mining has welcomed Michael Steinmann to its board of directors following its yearly shareholder meeting. He joins the other re-elected boardmembers Ashley... 


Gold bars
Bar and coin demand drove global gold demand to a record in the first quarter
29th April 2026 By: Lumkile Nkomfe

Gold demand, including over-the-counter (OTC) demand, increased by 2% year-on-year to 1 231 t for the quarter ended March 31, mainly as a result of higher bar and coin demand, the World Gold... 


ICMM drives consolidated global standard to strengthen traceability in critical minerals
ICMM drives consolidated global standard to strengthen traceability in critical minerals
24th April 2026 By: Shannon de Ryhove

There is an increased push to improve transparency and traceability, and implement a definitive global standard, across critical mineral supply chains – particularly those rooted in Africa, mining... 


Neal Froneman
Wallington, Froneman to join Neo Energy Metals board
22nd April 2026 By: Lumkile Nkomfe

Uranium and gold development company Neo Energy Metals has appointed World Gold Council chairperson and former Sibanye-Stillwater CEO Neal Froneman as independent nonexecutive chairperson, with... 


An image from the BRICS summit in South Africa
BRICS Plus countries increase gold reserves to more than 6 000 t
7th April 2026 By: Tasneem Bulbulia

Members of the BRICS Plus trade bloc now hold over 6 000 t of gold, representing about 17.4% of total global central bank reserves, up from 11.2% in 2019, financial services group EBC Financial... 


Gold bars in a central bank vault
Additional central banks to buy gold on geopolitical risks, WGC says
24th March 2026 By: Reuters

Gold's role as a hedge against dedollarisation and geopolitical risk is expected to spur central banks who have been absent from the market to buy the precious metal this year, a World Gold Council... 


An image of gold coins
Council explores potential of Gold as a Service platform for digital
19th March 2026 By: Tasneem Bulbulia

Industry body the World Gold Council’s latest White Paper, co-authored with Boston Consulting Group, explores the potential of “Gold as a Service” – a new platform to support the issuance and... 


Silver granules
WGC unpacks gold, silver market differences as investors seek crisis diversification
19th March 2026 By: Marleny Arnoldi

During times of global uncertainty and geopolitical uncertainty, commodities such as gold and silver tend to benefit from increased demand; however, the World Gold Council (WGC) says the demand... 


Gold from South Africa's Rand Refinery.
Gold’s Middle East disruption confined to region, World Gold Council strategists note
16th March 2026 By: Martin Creamer

Gold trade disruption caused by the war in the Middle East should not be compared with that of the global impact experienced during the Covid pandemic but should rather be viewed as a regional... 


Neal Froneman
Froneman, Humphries take seats on board of Australian PGM hopeful
11th February 2026 By: Mariaan Webb

Australian platinum group metals (PGM) developer Podium Minerals has appointed former Sibanye-Stillwater CEO Neal Froneman as its nonexecutive chairperson. The appointment, effective immediately,... 


head and shoulder shot of Rohitesh
New global standard to refine responsible mining
30th January 2026 By: Devina Haripersad

Collaboration among industry, governments and civil society is becoming more urgent as Africa aims to convert its mineral wealth into sustainable economic gains, says mining and metals advocacy... 


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