Gold/AUD Record High as U.S. Heads to Israel - Ainslie Insights
Gold in AUD reached a record high last week, driven by rising inflation fears and escalating geopolitical tensions. The latest U.S. inflation report, coupled with growing military conflict in the Middle East, has pushed investors towards safe havens like gold. As the U.S. prepares to deploy missile systems to Israel, concerns over further escalation could keep supporting gold prices.
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Established in Brisbane in 1974, Ainslie is Australia's leading precious metals and cryptocurrency retailer. With the addition of our new Melbourne store in 2021, Ainslie Bullion now brings its unrivalled service and passion for precious metals and crypto to the south coast.
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