Gold is experiencing a record surge, hitting around $3,800 an ounce, a dramatic rise from five years ago. This shiny precious metal is a go-to refuge for investors during economic uncertainty, especially amid global tension. The discussion highlights the allure of gold against riskier assets and explores its impact on everything from jewelry prices to inflation. Challenges of investing in gold are also covered, stressing the need to understand potential risks and the absence of dividends. It's a fascinating look at why gold remains a valuable investment.
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insights INSIGHT
Gold: A Safe Haven Investment
Gold surges as a safe haven amid multiple global uncertainties like conflicts and trade tensions.
Central banks buying large amounts of gold boost its price by reducing reliance on US dollars.
insights INSIGHT
Why Gold Remains the Ultimate Safe Haven Investment
Gold is considered a "safe haven" investment because it tends to hold its value during times of crisis and uncertainty, unlike stocks that can become worthless if companies fail.
Central banks, like those in China and Russia, have been heavily buying gold recently to avoid overreliance on the US dollar and government bonds, driving the price upward.
Gold's appeal also lies in its physicality: it's rare, durable, universally recognized, and cannot be printed like money.
Investing in gold differs from buying company stocks as gold itself doesn’t pay dividends; its value comes solely from its scarcity and demand.
The fluctuating price reflects investor fear and confidence in the global economy, making gold's price volatile despite its safe haven status.
insights INSIGHT
Why Gold Holds Value
Gold is a safe asset because it doesn't depend on a company's performance or debt repayment.
It is physically durable, rare, globally accepted, and historically valued, resisting inflation and volatility.
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The Barefoot Investor by Scott Pape offers a 10-step plan to manage finances effectively. The book emphasizes setting up the right bank accounts, automating finances, creating a budget, and using the 'buckets' system to allocate money for daily expenses, emergency funds, and long-term investments. It also covers debt reduction strategies, insurance, and retirement planning. Pape's approach is simple and efficient, recommending low-cost investment products and avoiding unnecessary fees. The book is designed to help readers achieve financial independence and build long-term wealth[1][4][5].
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
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