Why is the price of gold surging?

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.

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