About MGIP
The Malaysia Gold Industry Principles (MGIP) is a voluntary, industry-led national framework established to promote responsible, transparent, and ethical practices across Malaysia's gold value chain.
Developed through close collaboration between industry stakeholders, the World Gold Council (WGC), and Malaysian government, MGIP serves as a unifying national reference point that reflects both international best practices and local regulatory, market, and socio-economic realities.
Learn More About MGIP
Key Pillars of MGIP
Built on four foundational principles for responsible gold practices
Responsible Sourcing
Ensuring ethical procurement and transparency throughout the supply chain
Ethical Business Conduct
Promoting integrity and accountability in all business operations
Transparency & Governance
Maintaining clear standards and oversight mechanisms
International Alignment
Aligned with World Gold Council principles and global best practices
International Alignment, National Application
The MGIP is developed with reference to the World Gold Council's Retail Gold Investment Principles (RGIP), which are implemented across leading global gold markets. Drawing on this internationally recognised good practice, the MGIP adapts the RGIP to Malaysia's national context and industry structure.
Aligned with Global Markets
MGIP Code of Conduct
At the core of the MGIP is the MGIP Code of Conduct, which sets out the principles, commitments, and expectations applicable to participants across the gold value chain.
The MGIP Code of Conduct will be publicly available in May 2026.
Governance and Industry Stewardship
MGIP is governed through a structured industry working group that reflects the completeness of Malaysia's gold ecosystem, comprising representatives from relevant government agencies, regulators, and key stakeholders across the gold value chain.
Mining
Refining
Assaying
Trading
Wholesaling
Retailing
Pawnbroking
Financial Services
Supporting Institutions
Join the Movement Towards Responsible Gold Practices
MGIP is a voluntary, industry-led initiative. Adoption reflects a commitment to responsible practices and continuous improvement.
Learn About Adoption