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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. The association greatly contributes by conducting extensive marketing which significantly helps in the progress of the gold industry. It has a vast coverage in the gold industry that it is capable of tapping three fourths of the total annual gold consumers.
Apart from effective marketing, the association also maintains the current status of gold consumption, not allowing opportunity for decline. 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...