Shaokai Fan
Head of Central Banks
World Gold Council
Central bank digital currencies and the implications for the gold market
Blog
The world appears to be poised for the next step in the evolution of money. Private cryptocurrencies have emerged as a potential new medium of exchange, although their long-term viability is yet to be proven. Central banks have also seized on the possibilities brought about by our highly digitised world with the development of central bank digital currencies, or CBDCs.
Posted 1 year 11 months ago
Shaokai Fan
Head of Central Banks
World Gold Council
Central bank gold buying gathers steam
Blog
As Krishan Gopaul’s blog post last week pointed out, central banks have been buying gold during the first four months of 2021. Over that period, we estimate that the official sector has added 150-200 tonnes of gold.
Posted 2 years 5 months ago
Shaokai Fan
Head of Central Banks
World Gold Council
Executive Programme Virtual Modules: Gold Supply, Demand and Valuation
Blog
The Executive Programme in Gold Reserves Management is the World Gold Council’s flagship training programme for central banks. This video from the programme reviews the supply, demand and valuation of gold.Posted 2 years 6 months ago
Shaokai Fan
Head of Central Banks
World Gold Council
Central bank domestic gold purchase programmes
Blog
We have published a new report – Central bank domestic ASGM purchase programmes – which discusses the growing trend of central banks buying gold from domestically-produced sources, and the role that these institutions can play in developing and formalising the Artisanal Small-Scale Gold Mining (ASGM) sector in their countries.Posted 2 years 6 months ago
Shaokai Fan
Head of Central Banks
World Gold Council
Executive Programme Virtual Modules: Gold as a Reserve Asset
Blog
In anticipation of our upcoming virtual Executive Programme for central banks and official institutions, we are launching a series of videos which review some of the core components of the Programme. Watch the first video here, which reviews the central bank case for gold.Posted 2 years 7 months ago
Shaokai Fan
Head of Central Banks
World Gold Council
Kopi Time podcast: gold supply, demand, and market structure
Blog
Shaokai Fan joined Taimur Baig, Chief Economist at DBS, on the Kopi Time podcast for a conversation on gold. Listen as they discuss gold supply, demand, market structure and industry standards.Posted 3 years 2 months ago
Shaokai Fan
Head of Central Banks
World Gold Council
Central banks remain positive on gold amid COVID-19 risks
Blog
Our central banks team, in partnership with Yougov, recently concluded the 2020 Central Bank Gold Reserves Survey. This year’s survey, which saw a jump in the number of responses, shows strong signs of an increase in gold’s relevance for central bank reserve management.Posted 3 years 5 months ago
Shaokai Fan
Head of Central Banks
World Gold Council
Emerging markets dominate central bank gold-buying bonanza
Blog
Posted 4 years 6 months ago