8 February 2024
Bigger Picture: Gold prices in a year of lower rates
Shaokai Fan, Global Head of Central Banks, World Gold Council discusses how 2023 was a year that saw gold prices achieve a record high against the backdrop of geopolitical turmoil and market volatility. He looks at how much momentum can be sustained in the current backdrop of lower interest rates expected this year.
Presenter: Sean Cheong

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Listen To His Previous Podcasts:

10 November 2023
Money in the Market: Was there still robust central bank demand for gold in Q3?
According to the latest World Gold Council’s Q3 Gold Demand Trends report, central banks' gold buying maintained a historic pace. But it did fall short of last year’s record. Meanwhile, jewellery demand softened slightly in the face of high gold prices, while the investment picture was mixed.
On Money in the Market, Hongbin Jeong speaks to Shaokai, Head of Asia-Pacific (ex-China) & Global Head of Central Banks, World Gold Council, to find out more about the findings of the report.

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10 August 2023
Money in the Market: Will there be further downside for consumer demand for gold here in Singapore?
Q2 gold demand dropped slightly by 2% year-on-year, driven by a marked deceleration in net central bank buying compared to above average purchases in Q2 of 2022. But despite the drop and softer central bank demand, gold was still supported. To find out more about the demand for gold in the 2nd quarter in Singapore and globally, on Money in the Market, Hongbin Jeong speaks to Shaokai Fan, Head of Asia-Pacific (ex-China) & Global Head of Central Banks, World Gold Council.

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4 July 2023
Money in the Market: Why gold is still attractive for Central Banks
Following a historical high level of central bank gold buying, gold continues to be viewed favourably by central banks as a reserve asset. And that’s according to the World Gold Council. But why this strong demand? What factors in the current market are leading central banks to rely on gold? On Money in the Market, Hongbin Jeong speaks to Shaokai Fan, Head of Asia-Pacific (ex-China) & Global Head of Central Banks, from the World Gold Council, to find out more.

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23 May 2023
Money in the Market: What's behind weak consumer demand for gold?
Global gold demand was down by as much as 13 percent year-on-year in Q1, with consumer demand in Singapore alone dipping by 20 percent year-on-year.
But despite the fall, the Monetary Authority of Singapore was still the single largest buyer during the quarter? Why was this the case, and what is the outlook on gold investment for the remainder of the year?
On Money in the Market, Hongbin Jeong speaks to Shaokai Fan, Head of Asia-Pacific (ex-China) & Global Head of Central Banks, World Gold Council, to find out more.

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3 May 2023
Money and Me: Is Gold still considered a safe haven in this period of uncertainty?
Did you know, 2022 marked the strongest year for gold demand in over a decade, with annual gold demand jumping 18%! So what’s driving this exceptional investment demand in gold and can we expect this bull run to continue for the rest of this year?
Dan Koh finds out with Shaokai Fan, Head of Asia-Pacific (ex-China) & Global Head of Central Banks at the World Gold Council. They also discuss how retail investors should be approaching this investment class and the risks to look out for when including gold in their portfolios.

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17 June 2022
Market View: Should investors turn to the gold market in the middle of the current hike in the interest rate?
Gold has gained more attention from market investors since inflation set new records in the eurozone and the US. Although gold prices are usually backed up by inflation and economic uncertainties, there will be trade-off in holding non-yielding asset amid the increasing interest rates.

In Market View, Prime Time’s Finance Presenter Tian Tian spoke with Shaokai Fan, the Global Head, Central Banks at the World Gold Council to find out more.

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