In episode 114, Alex Proimos speaks with Andrew Naylor, regional chief executive, APAC ex-China, World Gold Council. This episode goes into the impact of the Basel III changes regarding gold as an asset on bank balance sheets. We discuss the recent global investment trends such as the ETF flows and the increasing institutional interest, and the recent consumer trends in China and India. We then delve into the role of gold in investment portfolios and the drivers of value. Finally, we cover the process from mine to market, transparency and gold minings contribution to the UN SDGs.