What is the World Gold Council?

Discussion in 'Bullion Investing' started by Peter T Davis, Dec 10, 2010.

  1. Peter T Davis

    Peter T Davis Hammer at the Ready Moderator

    The World Gold Council or WGC plays a vital role in the industry of gold production and consumption. It is a non-profit association for the top most gold producers. The main headquarters of World Gold council is in Geneva, Switzerland but it also operates in India, China, the Middle East, Europe and the USA.

    The main objective of this association is to increase the promotion when it comes to the use of gold which in effect will also heighten the demand for it. In its goal to keep the industry getting better and better it even supports researches which aim to find out more about new uses for gold and discover new products which contain gold. The association is all out when it comes to providing assistance in the exploration for more business opportunities so it co-sponsor in researches. In fact, when the jewelry with 99% gold was developed, the association was behind it too.

    For many, the association has served as leader and initiator which pushed for greater good of the gold industry. The role it plays crosses all sectors involved in the gold industry. Investments depend on the facts and studies which come from the association. The association gives clear and reliable insight when it comes to local and international trend for gold. It also highlights the importance of gold for big and small businesses and even for day to day living.

    The future of the gold industry is within the hands of World Gold Council. It binds all sectors in the society and makes all aspects work for the continuous growth and progress of the gold industry. The World Gold Council is a vital element in the industry and deserves the respect and honor from people inside and outside the industry.
     
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  3. Lilly

    Lilly New Member

    :) Nice to have BULLIONIST for Gold lovers and precious metal investors!
     
  4. ahs1987

    ahs1987 New Member

    I am commodity exchange dealer , yesterday i made an opportunity loss because i had a bullish view of the market but since the last 2 weeks we have seen a bearish trend , and i had some forward contracts so you can understand how much i mustve lost..
     
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