Unearthed

This episode was recorded on 10 April 2026.

In this episode of Unearthed, hosts Joe Cavatoni and John Reade explores recent Central Bank activity in the gold market. 

Following years of record-high buying, recent headlines have highlighted sales, swaps, and reserve shifts across countries like Turkey and France. The episode explains how these moves reflect active, management - using gold as a liquid asset to support currencies, manage reserves, and respond to economic pressures.

Subscribe to Unearthed wherever you get your podcasts and visit Goldhub.com for more insights.

About World Gold Council

We are a membership organisation that champions the role gold plays as a strategic asset, shaping the future of a responsible and accessible gold supply chain. Our team of experts builds understanding of the use case and possibilities of gold through trusted research, analysis, commentary, and insights. We drive industry progress, shaping policy and setting the standards for a perpetual and sustainable gold market.

You can follow the World Gold Council on Twitter at @goldcouncil and LinkedIn.

Terms & Conditions | World Gold Council

This episode was recorded on 3 March 2026.

In this episode of Unearthed, Joe Cavatoni and John Reade unpack gold’s sharp reaction to escalating conflict in the Middle East. The hosts discuss gold’s initial surge following geopolitical tensions, before levelling out as markets absorbed the shock. The conversation covers impacts on global gold supply chains, broader implied volatility trends for gold, and a changing investor base. The hosts also explore how gold’s rally, which began in 2024, has evolved.

Looking ahead, investors should expect elevated volatility to persist amid ongoing geopolitical risks and disruptive global policy dynamics — conditions that are shaping not just gold, but broader financial markets in 2026.

Subscribe to Unearthed wherever you get your podcasts and visit Goldhub.com for more insights.

About World Gold Council

We are a membership organisation that champions the role gold plays as a strategic asset, shaping the future of a responsible and accessible gold supply chain. Our team of experts builds understanding of the use case and possibilities of gold through trusted research, analysis, commentary, and insights. We drive industry progress, shaping policy and setting the standards for a perpetual and sustainable gold market.

You can follow the World Gold Council on Twitter at @goldcouncil and LinkedIn.

Terms & Conditions | World Gold Council

In this episode of Unearthed, hosts Joe Cavatoni and John Reade examine the shifting dynamics in China - the world’s most important gold market for more than a decade.

They are joined by Roland Wang, Regional CEO for China at the World Gold Council, to explore how gold demand is evolving amid economic headwinds, changing consumer behaviour, and rapid innovation. As real estate’s role as a primary store of value wanes, Chinese households are increasingly diversifying into gold in various and innovative ways.

The conversation also dives into the transformation of China’s jewellery market, including the rise of “hard pure gold”. While consumer confidence remains a key challenge in this high price environment, the episode highlights why China’s gold market remains diverse, sophisticated, and structurally resilient.

Subscribe to Unearthed wherever you get your podcasts, and visit Goldhub.com for more insights.

 

Notable Quotes

“Real estate was a big piece of savings and now people are moving into portfolios and diversification.” – Joe Cavatoni

“For more than 10 years, China has been the most important market for gold.” – Joe Cavatoni

“The investment demand overpassed the jewellery demand in China. It’s never happened before.” – Roland Wang

“Consumers still like to buy it because they buy not only for the appearance, but also for the gold value behind it.” – Roland Wang

“One of the leading gold ETFs in China attracted more than 40 million customers.” – Roland Wang

“The increase in popularity amongst the Chinese ETFs has been a really big part of the story in gold, particularly over the last 12 months” – John Reade

 

About World Gold Council

We are a membership organisation that champions the role gold plays as a strategic asset, shaping the future of a responsible and accessible gold supply chain. Our team of experts builds understanding of the use case and possibilities of gold through trusted research, analysis, commentary, and insights. We drive industry progress, shaping policy and setting the standards for a perpetual and sustainable gold market.

You can follow the World Gold Council on Twitter at @goldcouncil and LinkedIn.

Terms & Conditions | World Gold Council

This episode was recorded on February 10th, 2026.

In this episode of Unearthed, Joe Cavatoni and John Reade, Senior Market Strategists at the World Gold Council, discuss the recent dynamics of the gold market, focusing on the significant price movements in January, the volatility expected in the coming months, and the influence of Asian markets on gold demand.

They also delve into the implications of the U.S. economic landscape, including the nomination of a new Fed chair and its potential impact on gold investments. The conversation highlights the importance of understanding market trends and investor sentiment in navigating the gold market.

Subscribe to Unearthed wherever you get your podcasts and visit Goldhub.com for more insights.

About World Gold Council

We are a membership organisation that champions the role gold plays as a strategic asset, shaping the future of a responsible and accessible gold supply chain. Our team of experts builds understanding of the use case and possibilities of gold through trusted research, analysis, commentary, and insights. We drive industry progress, shaping policy and setting the standards for a perpetual and sustainable gold market.

You can follow the World Gold Council on Twitter at @goldcouncil and LinkedIn.

Terms & Conditions | World Gold Council

This episode was recorded on January 6th, 2026.

In this episode of Unearthed, John Reade and Joe Cavatoni, Senior Market Strategists at the World Gold Council, kick off the new year with an update on the state of the gold market, exploring the factors influencing gold prices, including geopolitical tensions and ongoing economic conditions. They emphasise the importance of strategic allocation to gold in investment portfolios, distinguishing between short-term tactical trades and long-term strategies. 

Subscribe to Unearthed wherever you get your podcasts and visit Goldhub.com for more insights.

 

About World Gold Council

We are a membership organisation that champions the role gold plays as a strategic asset, shaping the future of a responsible and accessible gold supply chain. Our team of experts builds understanding of the use case and possibilities of gold through trusted research, analysis, commentary, and insights. We drive industry progress, shaping policy and setting the standards for a perpetual and sustainable gold market.

You can follow the World Gold Council on Twitter at @goldcouncil and LinkedIn.

Terms & Conditions | World Gold Council