Gold Contributed $210B Of GVA To The Global Economy: WGC

PricewaterhouseCoopers LLP (PwC) were engaged by the World Gold Council to assess the direct economic and fiscal contribution made by gold in the major gold producing and consuming countries.

This is a landmark study that uses, for the first time, the measure of Gross Value Added (GVA) to compute the impact of gold’s contribution to GDP, employment and taxes paid.

“It addresses, for the first time, the direct economic impact of gold on the global economy, and does so in a way which is objective in stance and rigorous in its treatment of complex data. The report is unique in looking at an entire value chain, including gold mining, refining, and fabrication and consumption. It...