October 30, 2024
October 29, 2024
October 10, 2024
September 27, 2024
August 15, 2024 - 402 views
February 6, 2025 - 320 views
August 15, 2024 - 268 views
August 14, 2024 - 228 views
Gold came into mainstream focus in 2024 as it continued to set records in all major currencies. For Australia, that happened on October 29, when gold reached an all-time high of AU$4,230.70 per ounce.Gold’s momentum was fuelled by geopolitical instability in Eastern Europe as tensions rose between Russia and Ukraine, as well as by a flareup in the Middle East as Lebanon and Iran were drawn into the Israel-Gaza conflict.Additional support came in the form of continued central bank buying, as China, India and Turkey all added large quantities of gold to their coffers. Meanwhile, the US Federal…