In context with the World Gold Council, consider the following statements:

It is a UN specialised agency formed in 1887 under the London Declaration.

It works across all parts of the industry, from gold mining to investment, and their aim is to stimulate and sustain demand for gold.

The WGC was the creator of the first gold exchange-traded fund.

Select the correct option from the codes given below:

Question

It is a UN specialised agency formed in 1887 under the London Declaration. Incorrect: It is a nonprofit association of the world's leading gold producers. It was formed in 1987by some of the world’s most forward-thinking mining companies to promote the use of and demand for gold through marketing, research, and lobbying.
It works across all parts of the industry, from gold mining to investment, and their aim is to stimulate and sustain demand for gold. Correct: It works across all parts of the industry, from gold mining to investment, and their aim is to stimulate and sustain demand for gold. They frequently publish research that demonstrates gold’s strength as a preserver of wealth both for investors and countries.
The WGC was the creator of the first gold exchange-traded fund. Correct: It co-sponsors research on new uses and products involving gold. It oversees markets accounting for about 75% of global annual gold consumption. The WGC pioneered the first gold exchange-traded fund.

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It is a UN specialised agency formed in 1887 under the London Declaration. Incorrect: It is a nonprofit association of the world's leading gold producers. It was formed in 1987by some of the world’s most forward-thinking mining companies to promote the use of and demand for gold through marketing, research, and lobbying.
It works across all parts of the industry, from gold mining to investment, and their aim is to stimulate and sustain demand for gold. Correct: It works across all parts of the industry, from gold mining to investment, and their aim is to stimulate and sustain demand for gold. They frequently publish research that demonstrates gold’s strength as a preserver of wealth both for investors and countries.
The WGC was the creator of the first gold exchange-traded fund. Correct: It co-sponsors research on new uses and products involving gold. It oversees markets accounting for about 75% of global annual gold consumption. The WGC pioneered the first gold exchange-traded fund.