Eldorado Gold Operational and Financial Update
World Gold Council: Gold 247
WORLD
GOLD
COUNCIL
What is
Gold 247?
The World Gold Council's strategic vision for
transforming the global gold market and elevating
gold into the mainstream of financial markets. The
initiative will ultimately enable greater participation,
increase trust and unlock greater demand.
Gold 247
Gold 247 Initiatives
Why now?
Gold has a systemic role in the world's economy - as an
investment, a reserve asset, a source of employment and
more. The way gold is traded and supply chain management
needs to modernise so the industry continues to meet the
expectations of all end-users and stakeholders.
Gold Bar Integrity Programme
WGC/LBMA pilot
⚫ Distributed ledger (blockchain) technology
• Foundation for a more accessible and
fungible market
•
Accessible to all
Enabling a digital transformation
Removing barriers and establishing
modern market infrastructure
⚫ Essential to modernise and improve
accessibility
Fully fungible
• Addresses barriers to trading gold
across markets
• Intent is to establish a global standard
In time, this will allow gold to be effectively
traded as a digital asset
eldorado gold
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