World Gold Council
- July 2, 2021
- Posted by: OptimizeIAS Team
- Category: DPN Topics
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World Gold Council
Subject : International Organisations
Context : The World Gold Council said demand for gold loans, both through banks and non-banking financial companies, has grown in response to the economic impact of the pandemic.
Concept :
About World Gold Council:
- It is the market development organisation for the gold industry.
- It works across all parts of the industry, from gold mining to investment, and their aim is to stimulate and sustain demand for gold.
- It is an association whose members comprise the world’s leading gold mining companies.
- It helps to support its members to mine in a responsible way and developed the Conflict Free Gold Standard.
- Headquartered in the UK, they have offices in India, China, Singapore, Japan and the United States.