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Imports made up 86% of gold supply in 2016-20, says WGC

·         The World Gold Council is that the market development organisation for the gold business.

·         Its purpose is to stimulate and sustain demand for gold, give business leadership, and be the world authority on the gold market.

·         It may be a non-profit association of the world’s leading gold producers. Headquartered in London, the WGC covers the markets that comprise concerning three-quarters of the world’s annual gold consumption.

·         It may be a market development organization for the gold industry which incorporates twenty five members and lots of gold mining companies also.

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