{"podcast":{"title":"Unearthed","slug":"unearthed-6688808","podcast_index_feed_id":6688808,"rss_url":"https://feed.podbean.com/WGCnx/feed.xml","website_url":"https://WGCnx.podbean.com","image_url":"https://pbcdn1.podbean.com/imglogo/image-logo/18367285/cover-art-no-episode.jpg","author":"World Gold Council","episode_count":47,"summary":"Join the World Gold Council’s market strategists for informative and insightful discussions with global thought leaders. Together, we’ll unearth golden insights spanning macroeconomics, investment and consumer trends, geopolitics, technology, trust, supply chains and more.","last_synced_at":"2026-06-25T22:18:18.538022+00:00","page_url":"https://stenobird.com/podcast/unearthed-6688808"},"episode":{"title":"Unearthed: Gold ETFs 101 — Myths, Mechanics, and Market Access, ft Amanda Krichman","slug":"unearthed-gold-etfs-101-myths-mechanics-and-market-access-ft-amanda-krichman","published_at":"2025-07-11T08:00:00+00:00","page_url":"https://stenobird.com/podcast/unearthed-6688808/unearthed-gold-etfs-101-myths-mechanics-and-market-access-ft-amanda-krichman","show_page_url":"https://stenobird.com/podcast/unearthed-6688808","url":"https://WGCnx.podbean.com/e/unearthed-gold-etfs-101-%e2%80%94-myths-mechanics-and-market-access-ft-amanda-krichman/","audio_url":"https://mcdn.podbean.com/mf/web/nvyivzv8zcbfkz97/WGC_Amanda_Krichman_042925V4_1_6g1i4.mp4","summary":"In this episode of Unearthed, co-hosts Joe Cavatoni and John Reade, Senior Market Strategists for the World Gold Council, are joined by Amanda Krichman, Chief Operating Officer of Funds at the World Gold Council. Together, they unpack the fundamentals of gold-backed ETFs, taking a closer look at how these products work and address some of the most common myths in the market. The conversation covers everything from how gold ETFs are created and redeemed to the role of authorised participants (APs) in maintaining price stability and liquidity. Together, they also reflect on 20 years since the launch of GLD, the first U.S.-listed gold ETF, and explore how ETFs have revolutionised access to gold for both retail and institutional investors. Notable Quotes: “An ETF, or as it's known, an exchange-traded fund, pools assets from many different investors and gives them an easy option to buy into a diversified product. They'll buy shares of this product, which will allow them to get access to many different underlying investments.” — Amanda Krichman “I've seen it with my own eyes. For the two products that we work on with GLD and GLDM, the gold is there. The shares of the fund won't be released until the physical gold bars are delivered and allocated within the accounts for each of the ETFs.” — Amanda Krichman “You might be wondering, how do these authorised participants make money? It’s based on the arbitrage of how that's trading in the secondary market and to help keep the price as close as possible, less expensive to the underlying value of the gold per share.” — Amanda Krichman Disclaimer: For additional information on SPDR® Gold Shares (GLD®) and SPDR® Gold MiniShares (GLDM®), please visit www.spdrgoldshares.com. The information is for educational purposes only and is not i…","meta_description":"In this episode of Unearthed, co-hosts Joe Cavatoni and John Reade, Senior Market Strategists for the World Gold Council, are joined by Amanda Krichman, C…","key_points":[],"chapters":[],"topics":[],"duration_seconds":1122,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/unearthed-6688808/episodes/unearthed-gold-etfs-101-myths-mechanics-and-market-access-ft-amanda-krichman/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/unearthed-6688808/unearthed-gold-etfs-101-myths-mechanics-and-market-access-ft-amanda-krichman.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}