Central bank domestic ASGM purchase programmes About the World Gold Council Contents The World Gold Council is the market development Foreword 01 organisation for the gold industry. Our purpose is to stimulate and sustain demand for gold, provide industry Executive summary 02 leadership, and be the global authority on the gold market. Central bank purchasing programmes and the We develop gold-backed solutions, services and products, challenges of raising ESG standards in the based on authoritative market insight, and we work with a ASGM sector 03 range of partners to put our ideas into action. As a result, Conclusion 06 we create structural shifts in demand for gold across key Policy options 06 market sectors. Case Study 1: The Philippines 07 We provide insights into the international gold markets, Introduction 07 helping people to understand the wealth preservation Early promise 07 qualities of gold and its role in meeting the social and Fiscal and environmental challenges 08 environmental needs of society. Conclusion 11 Based in the UK, with operations in India, China, Singapore and the USA, the World Gold Council is an association Case Study 2: Mongolia 12 whose members comprise the world’s leading and most Introduction 12 forward thinking gold mining companies. An overview of recent gold production 13 Gold domestic purchases and the Bank of Mongolia 14 For more information The ASM sector 14 Formalisation of the sector 15 Please contact: Policy changes 15 Shaokai Fan Conclusion 16 Head of Central Banks Relationships
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