Press releases
Gold Commentary
World Gold Council and ICBC launch first gold accumulation plan in China
The Industrial and Commercial Bank of China (ICBC), the world’s largest commercial bank, together with the World Gold Council (WGC), the market development organisation for the gold industry, today jointly launched a new gold investment product for Chinese investors – the ICBC Gold Accumulation…
Golden Star Resources Ltd. and Primero Mining Corporation join the World Gold Council
The World Gold Council today announced the addition of two gold producers to its membership: Golden Star Resources Ltd and Primero Mining Corporation. As part of their memberships, Tom Mair, CEO of Golden Star Resources, and Wade Nesmith, Chairman of Primero Mining Corporation, will sit on the World…
Strong outlook for gold demand for remainder of 2010
Global gold consumption for 2010 will be higher than 2009 as a result of increasing levels of demand in India and China, sustained global demand for gold investment, together with growth in jewellery and industrial demand.
New research from the WGC highlights the fundamental role of India in the global gold market
The World Gold Council research paper entitled “India: Heart of Gold”, addresses recent developments in the market, in the context of the revival of Indian demand for gold in 2010. The report is the first in a new series on the Indian gold market, with the second scheduled for publication in 2011…
Positive long-term gold price trend underpinned by appetite for gold’s wealth preservation properties
The gold market continued to be supported by concerns over the health of the global economy and its ability to show a sustained recovery, especially in developed nations, according to the latest edition of Gold Investment Digest published today by the World Gold Council (WGC).