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

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

The end of the financial year means the end of a wild ride for markets, and the start of some big, big changes for individuals and business. Plus, a remarkable week in the US, the ACCC takes on... well, everybody, and humans vs AI in one of the world's most well-known companies.

Sean Aylmer and Michael Thompson go head to head on the top business stories of the week, with Adam Lang picking a winner in a fierce debate.

Join our free daily newsletter here.

The end of the financial year means the end of a wild ride for markets, and the start of some big, big changes for individuals and business. Plus, a remarkable week in the US, the ACCC takes on... well, everybody, and humans vs AI in one of the world's most well-known companies. Sean Aylmer and Michael Thompson go head to head on the top business stories of the week, with Adam Lang picking a winner in a fierce debate. Join our<a href="https://www.google.com/url?q=https://fearandgreed.com.au/newsletter-signup&amp;sa=D&amp;source=calendar&amp;ust=1783513943060277&amp;usg=AOvVaw1UmOTrHa9yc9gFNm7FCVwc">&nbsp;free daily newsletter here</a>.

The Saturday Edition | 4 July 2026

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/73fe36c5-b687-4ac4-ae6b-b47c00ce4269/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.


ASX jumps as gold miners soar


Bird flu found in NSW


Saudi Arabia oil exports near pre-war levels


US warned Iran about Israeli assassination plan


Taylor Swift wedding imminent

We’re running a short survey to hear from you, with the team at Fonto. It only takes a few minutes, and you can be in the running to win a $3,000 Luxury Escapes voucher.

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">
ASX jumps as gold miners soar
</li>
<li aria-level="1">
Bird flu found in NSW
</li>
<li aria-level="1">
Saudi Arabia oil exports near pre-war levels
</li>
<li aria-level="1">
US warned Iran about Israeli assassination plan
</li>
<li aria-level="1">
Taylor Swift wedding imminent
</li>
</ol>
<a href="https://survey.humaniti.com/wix/p666026743219.aspx">We&rsquo;re running a short survey to hear from you</a>, with the team at Fonto. It only takes a few minutes, and you can be in the running to win a $3,000 Luxury Escapes voucher.

Afternoon Report | ASX jumps as gold miners soar

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/404cf5ea-b332-44c7-b1ad-b47c0077c38f/transcript

Friday 3 July 2026

Falling commodity and cryptocurrency prices set super funds up for a problematic financial year. 
The federal government introduces legislation to overhaul gaming advertising
Perpetual knocks back a $2.5 billion bid
OpenAI discusses giving five per cent of its share to the US government, as it works to curry favour
Ford’s novel approach to helping AI: employ older, human engineers

 

If you’re looking for the 2024 interview with David Berry, CEO of the Compensation Scheme of Last Resort, you’ll find it here.

 

Heading to the Mumbrella Finance Marketing Summit on August 12? Buy your ticket before midnight July 3 to lock in earlybird rates!

 

Hit follow on the podcast so you don’t miss the latest news, and join our free daily newsletter here. And don’t miss the latest episode of How Do They Afford That? - six goals for the new financial year. Get the episode from Apple, Spotify or anywhere you listen to podcasts.

Friday 3 July 2026
Falling commodity and cryptocurrency prices set super funds up for a problematic financial year.&nbsp;
<ul>
<li aria-level="1">The federal government introduces legislation to overhaul gaming advertising</li>
<li aria-level="1">Perpetual knocks back a $2.5 billion bid</li>
<li aria-level="1">OpenAI discusses giving five per cent of its share to the US government, as it works to curry favour</li>
<li aria-level="1">Ford&rsquo;s novel approach to helping AI: employ older, human engineers</li>
</ul>
&nbsp;
If you&rsquo;re looking for the 2024 interview with David Berry, CEO of the Compensation Scheme of Last Resort, you&rsquo;ll find it <a href="https://omny.fm/shows/fear-and-greed/interview-hear-the-50-000-call-thats-a-turning-poi">here</a>.
&nbsp;
Heading to the Mumbrella Finance Marketing Summit on August 12? <a href="https://mumbrella.com.au/finance">Buy your ticket</a> before midnight July 3 to lock in earlybird rates!
&nbsp;
Hit follow on the podcast so you don&rsquo;t miss the latest news, and join our free <a href="https://fearandgreed.com.au/newsletter-signup">daily newsletter here</a>. And don&rsquo;t miss the latest episode of <a href="https://fearandgreed.com.au/how-do-they-afford-that-sugar-mamma-canna-campbell/">How Do They Afford That?</a> - six goals for the new financial year. Get the episode from <a href="https://podcasts.apple.com/au/podcast/how-do-they-afford-that/id1644255235">Apple</a>, <a href="https://open.spotify.com/show/1EW5WRlRh7MovSBNkk6dG8?si=b2203ec2fa934a14">Spotify</a> or anywhere you listen to podcasts.

Crypto prices tumble; gaming ad overhaul; Ford hires ‘grey beards’ to help AI

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/607ffed9-d3e1-4b4f-8d61-b47b00c6692a/transcript

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

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