World Gold Council


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World Gold Council

A professional organization of mining companies that produces gold. It exists to promote the use of, and investment in, gold through research, lobbying, and other means. Importantly, it has worked for reducing regulation on the gold trade. It also provides educational opportunities for members and the general public through its Goldipedia service, among other things. It was established in 1987 and is headquartered in Geneva. See also: Gold bug, Gold fund.

World Gold Council

an organization based in Geneva whose main objective is to promote the sale of GOLD bullion (bars and coins) to investors, and to widen the appeal of gold as an ornamental (jewellery) material and as an industrial base metal.
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Philip Olden, Managing Director at World Gold Council, commented: "Launching Gold Expressions into Russia is a natural step for the World Gold Council's jewellery programme.
Aram Shishmanian, Chief Executive Officer, World Gold Council, commented, "I am looking forward to working with Mr.
Commenting on his appointment William said: "I am delighted to be joining the World Gold Council and look forward to helping investors better understand the benefits of including gold in their portfolio strategies.
World Gold Trust Services, LLC, which is wholly-owned by the World Gold Council, is the sponsor of the streetTRACKS(R) Gold Trust ("Trust").
While there is some guidance for gold coins and bars, there is virtually no guidance on gold elsewhere in the financial sector," said Aram Shishmanian, CEO of World Gold Council.
World Gold Council The World Gold Council is the market development organisation for the gold industry.
Commenting on the appointment, World Gold Council CEO Aram Shishmanian said: Will s career and experience to date means he is ideally placed to lead our ETF business through the next decade, sustaining and enhancing GLD s position as the world s leading physically backed gold ETF and ensuring that gold continues to be accessible to all investors who seek to hold it as part of a balanced portfolio
With the addition of Silver Wheaton to our Board, the World Gold Council now represents a substantial proportion of this important element of the gold business.
4 tonnes, according to the World Gold Council data.
Summary: Global economic uncertainty will fuel the current surge in investment demand for gold, even as record prices force a slump in the jewellery market, the World Gold Council (WGC) said.
The World Gold Council, the market development organization for the world's gold industry, has signed a 10-year, 11,500 s/f lease to relocate to 510 Madison Avenue, more than doubling the size of its New York City headquarters.
Last year, the World Gold Council released a report highlighting the recent revision of Saudi Arabia's Monetary Agency reported gold holdings from 144.

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