Page 13 - Bullion World Volume 5 Issue 07 July 2025

Bullion World | Volume 5 | Issue 07 | July 2025

Session 7: Fireside Chat – Gold Principles Group

This engaging session featured a fireside chat Mr Albert Cheng also discussed SBMA’s role in
between Mr John Mulligan (WGC) and Mr Albert building cross-regional partnerships and enhancing
Cheng, CEO of SBMA and Chairman of the Gold digitalization in the bullion sector. By leveraging
Principles Group. Mr Albert Cheng elaborated on regional collaborations and encouraging policy
the Group’s role in establishing global standards innovation, the Gold Principles Group seeks to
for sustainability and transparency in the gold ensure that gold markets remain both trusted and
industry. He emphasized the increasing pressure future-ready.
from regulators and investors for gold to meet
high ESG benchmarks, particularly around ethical
sourcing and environmental impact.

Key Takeaways – Gold Principles Group:
• ESG and transparency are now essential components of gold industry
governance.
• Gold Principles Group is fostering global alignment on responsible sourcing.
• Digitalization and cross-border cooperation are critical for industry evolution.

Launch of Metals Focus Gold Focus 2025

Mr Nikos Kavalis, Managing Director of Metals The report also highlighted Asia’s increasing
Focus Singapore, officially launched the "Gold prominence, with India, China, and Southeast Asia
Focus 2025" report, offering critical insights into emerging as pivotal players in both consumption
the global gold market outlook. The report detailed and investment flows. Mr Nikos Kavalis urged
factors influencing price volatility, including investors to adopt diversified strategies to navigate
geopolitical tensions, inflation, and central bank the rapidly shifting macroeconomic landscape.
interventions. Mr Nikos Kavalis emphasized that
gold remains an indispensable asset in institutional
portfolios, particularly in uncertain economic
environments.

Key Takeaways – Gold Focus 2025:
• Central banks and geopolitics are key drivers of gold price trends.
• Institutional investors continue to rely on gold for diversification.
• Asia's influence on global gold flows is steadily rising.

Session 8: Precious Metals Price Outlook Round Table
The final session, moderated by Mr Jordan Eliseo The panel discussed the enduring appeal of gold
(ABC Bullion), brought together prominent experts as an inflation hedge amid ongoing geopolitical
including Mr Bart Melek (TD Securities), Mr Yuichi instability and monetary shifts. Silver was
(Bruce) Ikemizu (JBMA), and Mr Nikos Kavalis highlighted for its dual role as an industrial and
(Metals Focus). They shared their outlook on price investment metal, particularly due to rising
movements for gold, silver, and platinum. demand from solar and green technology sectors.

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