Reported 2 days ago
Australia anticipates that gold will become its second most valuable resource export this financial year, surpassing liquefied natural gas (LNG) due to rising demand amid geopolitical tensions. Gold exports are projected to increase by A$12 billion to A$60 billion, while LNG earnings are expected to decrease. The report also notes that total resource and energy export earnings will decline this year, highlighting a significant shift in the market.
Source: YAHOO