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Home World Australia

Gold Rush in Martin Place Draws Crowds

2 October 2025
in Australia
0
Gold Rush in Martin Place Draws Crowds
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Gold prices surged to a record $3,895 an ounce amid concerns over the US government shutdown and US-Russia tensions, marking a 44% annual increase and positioning gold as Australia’s third-most valuable export. Central banks are diversifying into gold, with a notable increase in retail demand in Australia, where queues form daily at ABC Bullion as buyers seek physical gold, especially ahead of the Diwali festival.

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Tags: AustraliaBusinesscrowdsDrawsgoldMarketsMartinNewsplaceRush
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