As of August 17, 2024, gold prices in Australia have surged to approximately AUD $3,770.67 per ounce, putting the precious metal near its all-time high of AUD $3,925 per ounce, which was set just a month ago in July. This dramatic rise in gold prices reflects a combination of global economic uncertainties, geopolitical tensions, and investor sentiment, making gold an increasingly attractive safe-haven asset.
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