Video News/Rule Symposium 2025

As gold holds near $3,300 an ounce, physically backed gold ETFs just recorded their largest semi-annual inflow since the 2020 pandemic panic - adding 397 metric tons and over $38 billion in capital. World Gold Council Chief Market Strategist Joseph Cavatoni joins Kitco News from the Rule Symposium in Boca Raton to break down what’s driving the shift: capital flight from fiat, rising institutional demand, and renewed interest from sovereign wealth funds. Cavatoni addresses Asia’s record ETF buying, China’s shadow reserves, and why Western pension and long-duration capital may finally be returning to gold. He also discusses whether this marks a structural realignment or temporary safety play, and how miners, vaults, and supply chains are adapting to tighter physical conditions. Special thanks to our sponsor, G Mining Ventures, for making this coverage possible. To learn more, visit: https://gmin.gold//