Australia's non monetary gold exports to the United States have surged to record levels, with data from the Australian Bureau of Statistics' monthly trade report showing a total value of AUD 5.272 billion in January.
In December 2024, gold sales to the United States surged to $1.17 billion, followed by an even more astonishing $4.62 billion in January 2025 (87% of the total $5.272 billion), which is more than twice the export value to the same destination for the entire calendar year of 2024.
In 2023 and 2024, the demand for non monetary gold used for investment, jewelry, and industrial purposes in the United States ranges from $31 million to $337 million per month, but has sharply increased in the past two months.
Source: Australian Bureau of Statistics
The global demand for gold continues to grow, and investors are seeking safe haven assets amidst economic uncertainty, causing prices to soar.
Hedge funds, institutional investors, and gold backed exchange traded funds (ETFs) are among the major buyers in the United States that could drive up prices.
The increase in central banks' purchases of monetary gold has also led to a rise in market prices, fueling people's interest in non monetary gold.
原创文章，作者：btc，如若转载，请注明出处：https://www.xf1233.com/a/133
