Viewing entries tagged
Gold Price

Understanding the gold price: What moves it and why it matters

Comment

Understanding the gold price: What moves it and why it matters

Gold has long been viewed as a safe-haven asset, but in recent months, it’s been in the spotlight for a different reason: reaching record highs.

Gold touched an all-time high of USD $3,266 per ounce (AUD $5,143) this month, the culmination of five years of record growth. It's important for Australian investors, producers, and policymakers to understand what's driving the trend and the implications more than ever before.

Comment