World Gold Council


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.