The World Gold Council (WGC) is a non-profit organization founded in 1987 and headquartered in London, consisting of a number of gold companies that focus on stimulating and increasing the demand for and holdings of gold by consumers, investors, governments, etc. The WGC is a non-profit organization founded in 1987 and headquartered in London, consisting of a number of gold companies that focus on stimulating and increasing the demand for and holdings of gold by consumers, investors, governments, etc.