Kitco NEWS
Kitco NEWS
Kitco Media
Your Gold Can Do Something It Couldn't Before | Joseph Cavatoni
21 minutes Posted Jul 16, 2026 at 8:00 pm.
0:00
21:34
Download MP3
Show notes
Everyone says the West dumped gold this quarter. The World Gold Council's data says that's wrong, the selling was narrow, American, and almost entirely paper. Speaking with Kitco News at the Rule Symposium 2026 in Boca Raton, WGC senior market strategist Joseph Cavatoni said North American investors fled gold ETFs on rate fears while Asia bought "at a record pace." Gold's worst quarter in 13 years, he argued, was the work of short-term traders, not a broken thesis, as a safe haven, gold "cut...