Gold Dealer Says ‘All-Time’ Records Broken as Aussies Rush to Buy Bullion

The 5,000 year old investment option is surging amid ongoing uncertainty with global tensions.
Gold Dealer Says ‘All-Time’ Records Broken as Aussies Rush to Buy Bullion
Gold bullion can be seen after being removed from casts at the ABC Refinery smelter in Sydney, Australia on April 29, 2025. David Gray/AFP via Getty Images
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Australians are returning to a 5000-year-old tradition as they stockpile gold and other precious metals amid years of global turbulence and uncertainty.

In recent days, viral footage has circulated online of a long line from one gold dealer’s doors in Sydney’s Martin Place.