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    Gold Commentary

    “Gold Responsibility & Paramount Mission” — Chinese Gold Industry’s Epidemic Prevention and Anti-Epidemic Social Responsibility Report released in Beijing

    The Press Release of Chinese Gold Industry’s Epidemic Prevention and Anti-Epidemic Social Responsibility Report themed “Gold Responsibility & Paramount Mission”, co-organized by China Gold Association, Shanghai Gold Exchange, World Gold Council and Sina Finance, was held in Beijing on 6 November.

    Strong growth in global investment demand for gold in Q3 partially offset weakness elsewhere as consumers battled the effects of COVID-19

    Global gold demand dropped by 19% y-o-y to 892t in Q3, as consumers continued to feel the impact of the COVID-19 pandemic. This was the lowest quarterly total since Q3 2009. The Year-to-date demand of 2,972.1t was 10% lower versus the same period in 2019, according to the World Gold Council’s latest Gold Demand Trends report.

    World Gold Council and its Members highlight commitment to Sustainable Development Goals ahead of UN General Assembly

    To coincide with the 75th session of the UN General Assembly – and the SDG Business Forum – the World Gold Council has published a report entitled Gold Mining’s Contribution to the UN Sustainable Development Goals. 

    The World Gold Council welcomes Zijin Mining as a Member

    The World Gold Council, the market development organisation for the gold industry, has welcomed Zijin Mining to its Board of Members. 

    World Gold Council appoints Randy Smallwood as new Chair

    The World Gold Council announces the appointment of Randy Smallwood, President and CEO at Wheaton Precious Metals Corp. (“Wheaton”), as its new Chair. Mr. Smallwood succeeds Mr. Dushnisky of AngloGold Ashanti.