World Gold Council Flashcards
1
Q
What is it
A
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
2
Q
When was it started
A
1987
3
Q
Hq
A
UK
4
Q
Who are its members
A
Leading gold mine owners of the world
5
Q
why in news
A
They have released report on gold holdings
6
Q
What are the findings
A
1 India is the largest consumer of gold
2 India has 11th largest gold reserve
3 USA has largest gold reserve
4 IMF has 3rd largest gold reserves
