The 5,000 year old investment option is surging amid ongoing uncertainty with global tensions.
Gold bullion can be seen after being removed from casts at the ABC Refinery smelter in Sydney, Australia on April 29, 2025. David Gray/AFP via Getty Images
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Australians are returning to a 5000-year-old tradition as they stockpile gold and other precious metals amid years of global turbulence and uncertainty.
In recent days, viral footage has circulated online of a long line from one gold dealer’s doors in Sydney’s Martin Place.
Crystal-Rose Jones is a reporter based in Australia. She previously worked at News Corp for 16 years as a senior journalist and editor.
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