The price of the gold sailed past the $US3,500 mark yesterday, hitting a new high. But what’s driving it, and why - in 2025 - are we still going back to gold whenever investors get nervous?

Natalie MacDonald is joined by Evan Lucas, economic futurist and the host of Money News on Nine Radio. 

Fear & Greed Q+A: Join Sean Aylmer & Michael Thompson and the team as they answer questions on business, investing, economics, politics and more. If you have your own question, get in touch via our website, LinkedIn, Instagram or Facebook!

Join our free daily newsletter here.

The price of the gold sailed past the $US3,500 mark yesterday, hitting a new high. But what&rsquo;s driving it, and why - in 2025 - are we still going back to gold whenever investors get nervous? Natalie MacDonald is joined by Evan Lucas, economic futurist and the host of Money News on Nine Radio.&nbsp; Fear &amp; Greed Q+A: Join Sean Aylmer &amp; Michael Thompson and the team as they answer questions on business, investing, economics, politics and more. If you have your own question, get in touch via our&nbsp;<a href="https://www.google.com/url?q=http://fearandgreed.com.au&amp;sa=D&amp;source=calendar&amp;ust=1757247146140617&amp;usg=AOvVaw2dcVEvKffV-A6kVl6yPxRo">website</a>,&nbsp;<a href="https://www.google.com/url?q=https://www.linkedin.com/company/fear-and-greed&amp;sa=D&amp;source=calendar&amp;ust=1757247146140617&amp;usg=AOvVaw2Fa-6FX72LdKh5vNC_dT0f">LinkedIn</a>,&nbsp;<a href="https://www.google.com/url?q=https://www.instagram.com/fearandgreedpodcast/&amp;sa=D&amp;source=calendar&amp;ust=1757247146140617&amp;usg=AOvVaw2t6ijMua7HUPbNjNHbxla1">Instagram</a>&nbsp;or&nbsp;<a href="https://www.google.com/url?q=https://www.facebook.com/FearAndGreedPodcast&amp;sa=D&amp;source=calendar&amp;ust=1757247146140617&amp;usg=AOvVaw23b_DspeLZIUAZw66KjVo7">Facebook</a>! Join our<a href="https://www.google.com/url?q=https://fearandgreed.com.au/newsletter-signup&amp;sa=D&amp;source=calendar&amp;ust=1757247146140617&amp;usg=AOvVaw3ssppki5X-xCJm7C0WkdO0">&nbsp;free daily newsletter here</a>.

Business news you can use. A daily business news podcast with journalists Sean Aylmer and Michael Thompson. Find out more at https://fearandgreed.com.au

Business news you can use. A daily business news podcast with journalists <a href="https://www.linkedin.com/in/sean-aylmer-9922068/" data-saferedirecturl="https://www.google.com/url?q=https://www.linkedin.com/in/sean-aylmer-9922068/&amp;source=gmail&amp;ust=1689199223540000&amp;usg=AOvVaw0wu3ezGEfBZFYspJbTTaYL">Sean Aylmer</a>&nbsp;and&nbsp;<a href="https://www.linkedin.com/in/mcwthompson/" data-saferedirecturl="https://www.google.com/url?q=https://www.linkedin.com/in/mcwthompson/&amp;source=gmail&amp;ust=1689199223540000&amp;usg=AOvVaw08pZ8jZ88rHJgCfbHkTr5k">Michael Thompson</a>.&nbsp;Find out more at&nbsp;<a href="https://protect-au.mimecast.com/s/7AmQCOMxmAtl5q0qiE-KY7?domain=fearandgreed.com.au/" data-saferedirecturl="https://www.google.com/url?q=https://protect-au.mimecast.com/s/7AmQCOMxmAtl5q0qiE-KY7?domain%3Dfearandgreed.com.au/&amp;source=gmail&amp;ust=1689199223540000&amp;usg=AOvVaw1DLq_FuqjEt3HC-ZK1704H">https://fearandgreed.com.au</a>

Fear and Greed is Australia's most popular business podcast.

FEAR & GREED | Business News

Short, sharp answers to questions about business, investing, economics or politics. 

Got a question? Share it via our website, LinkedIn, Instagram or Facebook, and get it answered by the Fear & Greed team.

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Short, sharp answers to questions about business, investing, economics or politics. 

Fear & Greed Q+A

Daily business news for people who make their own decisions, with business journalist Sean Aylmer and Michael Thompson. Find out more at https://fearandgreed.com.au

Daily business news for people who make their own decisions, with business journalist <a href="https://www.linkedin.com/in/sean-aylmer-9922068/">Sean Aylmer</a> and <a href="https://www.linkedin.com/in/mcwthompson/">Michael Thompson</a>. Find out more at <a href="https://protect-au.mimecast.com/s/7AmQCOMxmAtl5q0qiE-KY7?domain=fearandgreed.com.au/">https://fearandgreed.com.au</a>

Q+A: Why is gold still a safe haven asset?

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/5bbb9580-6d07-4a1d-af7b-b34c00c7fd72/transcript

Fear & Greed is proud to share an episode of our sister podcast - How Do They Afford That? - out every Wednesday, wherever you get your podcasts.

ETFs have exploded in popularity over the last decade. Exchange-traded funds are often seen as an easy way to start investing, because they can give exposure to a whole lot of different companies, in different sectors, potentially spreading risk and helping you to track market growth over time. But there are also plenty of myths and misunderstandings about how they work. Join Canna Campbell - a financial planner for 20 years - and Fear & Greed's Michael Thompson as they explore the 5 biggest myths about ETFs.

Canna and Michael's new book is available now! Pick up your copy of Twelve Months to Financial Freedom at Big W, bookshops or online.

---

The information in this podcast is general in nature and does not take into account your personal circumstances, financial needs or objectives. Before acting on any information, you should consider the appropriateness of it and the relevant product having regard to your objectives, financial situation and needs. In particular, you should seek independent financial advice and read the relevant Product Disclosure Statement or other offer document prior to acquiring any financial product.

​Canna Campbell is an Authorised Representative and Financial Adviser of Links Licensee Services Pty Ltd AFSL No. 700012 ABN 97 678 975 589.

Fear &amp; Greed is proud to share an episode of our sister podcast - How Do They Afford That? - out every Wednesday, wherever you get your podcasts. ETFs have exploded in popularity over the last decade. Exchange-traded funds are often seen as an easy way to start investing, because they can give exposure to a whole lot of different companies, in different sectors, potentially spreading risk and helping you to track market growth over time. But there are also plenty of myths and misunderstandings about how they work. Join&nbsp;<a href="https://www.google.com/url?q=https://www.instagram.com/sugarmammatv/&amp;sa=D&amp;source=calendar&amp;ust=1790766727984368&amp;usg=AOvVaw1eT51UNdZhi4f5MBB2-foE">Canna Campbell</a>&nbsp;- a financial planner for 20 years - and&nbsp;<a href="https://www.google.com/url?q=https://fearandgreed.com.au/&amp;sa=D&amp;source=calendar&amp;ust=1790766727984368&amp;usg=AOvVaw2DU56sOOFYsctVKckAH0Hc">Fear &amp; Greed</a>'s&nbsp;<a href="https://www.google.com/url?q=https://www.instagram.com/michaelthompsonauthor/&amp;sa=D&amp;source=calendar&amp;ust=1790766727984368&amp;usg=AOvVaw2hqTNBr69TSYaUGKKRtcSh">Michael Thompson</a>&nbsp;as they explore the 5 biggest myths about ETFs. Canna and Michael's new book is available now! Pick up your copy of <a href="https://www.google.com/url?q=https://www.amazon.com.au/Twelve-Months-Financial-Freedom-control/dp/1761473689/ref%3Dsr_1_2?crid%3D26J7ME8BBPIVJ%26dib%3DeyJ2IjoiMSJ9.SbkZtxR23fV5tCZNUbM6UFTqlDSnoQ8waXVXX58A3lu7Yqqw07irP02uGmj72B3O_NgeTrLRo1EBJkdavgZhw6VVl2vqujaPcuyTBFL9T6AwQ55YmQjkUlixlyYh7GCCQsUbh9fjL-HIeusAsdMOzj6mB0TgLuwXoDx5bEexjTfqDg0bE-VU8h0TbK-qgWc-8sT5Jl-7g9AY2JKJHW0H3yK4A_Fg1JfwBhT2iAplUpw.STGvO5Petet9H3_LCUgAPrObMlCWpwGtcVMOZ4s0Uj0%26dib_tag%3Dse%26keywords%3Dtwelve%2Bmonths%2Bto%2Bfinancial%2Bfreedom%26qid%3D1784934635%26s%3Dbooks%26sprefix%3Dtwelve%2Bmonths%2Bto%2Bfinancial%2Bfreedom%252Cstripbooks%252C223%26sr%3D1-2&amp;sa=D&amp;source=calendar&amp;ust=1790766727984368&amp;usg=AOvVaw0Dh4p7XSQL-kLQKIFEvIFR">Twelve Months to Financial Freedom</a> at Big W, bookshops or <a href="https://www.google.com/url?q=https://www.amazon.com.au/Twelve-Months-Financial-Freedom-control/dp/1761473689/ref%3Dsr_1_2?crid%3D26J7ME8BBPIVJ%26dib%3DeyJ2IjoiMSJ9.SbkZtxR23fV5tCZNUbM6UFTqlDSnoQ8waXVXX58A3lu7Yqqw07irP02uGmj72B3O_NgeTrLRo1EBJkdavgZhw6VVl2vqujaPcuyTBFL9T6AwQ55YmQjkUlixlyYh7GCCQsUbh9fjL-HIeusAsdMOzj6mB0TgLuwXoDx5bEexjTfqDg0bE-VU8h0TbK-qgWc-8sT5Jl-7g9AY2JKJHW0H3yK4A_Fg1JfwBhT2iAplUpw.STGvO5Petet9H3_LCUgAPrObMlCWpwGtcVMOZ4s0Uj0%26dib_tag%3Dse%26keywords%3Dtwelve%2Bmonths%2Bto%2Bfinancial%2Bfreedom%26qid%3D1784934635%26s%3Dbooks%26sprefix%3Dtwelve%2Bmonths%2Bto%2Bfinancial%2Bfreedom%252Cstripbooks%252C223%26sr%3D1-2&amp;sa=D&amp;source=calendar&amp;ust=1790766727984368&amp;usg=AOvVaw0Dh4p7XSQL-kLQKIFEvIFR">online</a>. --- The information in this podcast is general in nature and does not take into account your personal circumstances, financial needs or objectives. Before acting on any information, you should consider the appropriateness of it and the relevant product having regard to your objectives, financial situation and needs. In particular, you should seek independent financial advice and read the relevant Product Disclosure Statement or other offer document prior to acquiring any financial product. ​Canna Campbell is an Authorised Representative and Financial Adviser of Links Licensee Services Pty Ltd AFSL No. 700012 ABN 97 678 975 589.

The five biggest myths about ETFs

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/5d14c91e-9125-4d73-9986-b4d000b8cc33/transcript

The Saturday Edition brings together the serious, the surprising and the slightly ridiculous stories of the week.

This week: who’s really to blame when an AI agent breaks into Medicare; whether the RBA needs to read the room before its next rates decision; the most revealing fact buried in the Intergenerational Report; and which world leader Donald Trump might actually be friends with if politics wasn’t involved.

Sean Aylmer and Michael Thompson go head-to-head, with Adam Lang picking the winner.

Join our free daily newsletter here.

The Saturday Edition brings together the serious, the surprising and the slightly ridiculous stories of the week. This week: who&rsquo;s really to blame when an AI agent breaks into Medicare; whether the RBA needs to read the room before its next rates decision; the most revealing fact buried in the Intergenerational Report; and which world leader Donald Trump might actually be friends with if politics wasn&rsquo;t involved. Sean Aylmer and Michael Thompson go head-to-head, with Adam Lang picking the winner. Join our <a href="https://www.google.com/url?q=https://fearandgreed.com.au/newsletter-signup&amp;sa=D&amp;source=calendar&amp;ust=1790766727984368&amp;usg=AOvVaw2ozkNCB9vXLenqaA7EOwwT">free daily newsletter here</a>.

The Saturday Edition | 26 Sep 2026

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/75f6135f-2990-4132-b43a-b4d000b85d83/transcript

This is the Fear & Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes.


Netwealth tumbles


PM at UN


Two rate hikes


Star setback


Trump-Xi meeting

Join our free daily newsletter here.

This is the<a href="https://fearandgreed.com.au/"> Fear &amp; Greed</a> Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes.
<ol>
<li aria-level="1">
Netwealth tumbles
</li>
<li aria-level="1">
PM at UN
</li>
<li aria-level="1">
Two rate hikes
</li>
<li aria-level="1">
Star setback
</li>
<li aria-level="1">
Trump-Xi meeting
</li>
</ol>
Join our&nbsp;<a href="https://fearandgreed.com.au/newsletter-signup">free daily newsletter here</a>.

Afternoon Report | ASX finishes lower

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/2033e5d6-7b44-4af9-a28c-b4d0006d4a8f/transcript

Q+A: Why is gold still a safe haven asset?

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