Gold is one of the world’s oldest investments. In 2025, it came into the spotlight as a haven for investors concerned about the volatility of our economic markets.

About two months ago, it reached its highest price ever - around $3,800 an ounce. That's a pretty big deal when you consider that just five years ago, an ounce of gold was worth about half that amount. When gold prices soar like this, it can impact everything from the jewellery you might buy to the broader Australian economy.

On today’s podcast, we’re going to look at what has driven the spike in the price of gold, and the mechanics of actually buying the shiny stuff.

Hosts: Sam Koslowski and Billi FitzSimons
Producer: Orla Maher

Thanks to FoodSwitch for supporting this episode – head to foodswitch.com.au to download the free app and try it out at your next grocery shop.

Want to support The Daily Aus? That's so kind! The best way to do that is to click ‘follow’ on Spotify or Apple and to leave us a five-star review. We would be so grateful.

The Daily Aus is a media company focused on delivering accessible and digestible news to young people. We are completely independent.

Want more from TDA?
Subscribe to The Daily Aus newsletter
Subscribe to The Daily Aus’ YouTube Channel

Have feedback for us?
We’re always looking for new ways to improve what we do. If you’ve got feedback, we’re all ears. Tell us here.

Gold is one of the world&rsquo;s oldest investments. In 2025, it came into the spotlight as a haven for investors concerned about the volatility of our economic markets.
About two months ago, it reached its highest price ever - around $3,800 an ounce. That's a pretty big deal when you consider that just five years ago, an ounce of gold was worth about half that amount. When gold prices soar like this, it can impact everything from the jewellery you might buy to the broader Australian economy.
On today&rsquo;s podcast, we&rsquo;re going to look at what has driven the spike in the price of gold, and the mechanics of actually buying the shiny stuff.
Hosts: Sam Koslowski and Billi FitzSimons Producer: Orla Maher
Thanks to FoodSwitch for supporting this episode &ndash; head to&nbsp;<a href="http://foodswitch.com.au/">foodswitch.com.au</a> to download the free app and try it out at your next grocery shop.
Want to support The Daily Aus? That's so kind! The best way to do that is to click &lsquo;follow&rsquo; on Spotify or Apple and to leave us a five-star review. We would be so grateful.
The Daily Aus is a media company focused on delivering accessible and digestible news to young people. We are completely independent.
Want more from TDA? <a href="https://thedailyaus.com.au/newsletter/">Subscribe to The Daily Aus newsletter</a> <a href="https://www.youtube.com/@thedailyaus">Subscribe to The Daily Aus&rsquo; YouTube Channel</a>
Have feedback for us? We&rsquo;re always looking for new ways to improve what we do. If you&rsquo;ve got feedback, we&rsquo;re all ears.&nbsp;<a href="https://thedailyaus.typeform.com/to/D0EhJI4S">Tell us here</a>.

This is a daily news podcast for young people in Australia. Join The Daily Aus team every weekday morning as we cover the news in your language. We’re a newsroom of young journalists, delivering news for young people.

TDA is completely independent. We are not owned by any larger media company.

This is a daily news podcast for young people in Australia. Join The Daily Aus team every weekday morning as we cover the news in your language. We’re a newsroom of young journalists, delivering news for young people.
TDA is completely independent. We are not owned by any larger media company.

This is a daily news podcast that breaks down issues important to young people in Australia.

The Daily Aus

The Daily Aus podcast is a five-minute entree to your news diet, and is presented by co-founders Sam (27) and Zara (25). Join them every weekday morning as they cover the news of the day in your language and take a deep dive into the biggest story of the day so that you’re armed with talking points when you meet your blind date, get caught chatting in the coffee line or have to face the in-laws. Over 400,000 Australians get their news from The Daily Aus on Instagram, and now they're hitting your headphones.

Why is the price of gold surging?

https://api.omny.fm/orgs/fa326977-3de5-4283-9b8b-af3500c58607/clips/84976d98-bb38-430d-a8f6-b31a006eb583/transcript