People queue outside the ABC Bullion store at Martin Place, Sydney October 22, 2025.
Share this @internewscast.com
In recent weeks, and particularly this Monday and Tuesday, people have been lining up for hours in the Sydney CBD with one goal in mind: buying some gold.

Gold prices have recently experienced a significant decline.

Yesterday, Australia woke up to the news that the precious metal had suffered its worst single-day fall since 2013, down a whopping 5.7 per cent in one go.
People queue outside the ABC Bullion store at Martin Place, Sydney October 22, 2025.
People have been queueing outside the ABC Bullion store at Sydney’s Martin Place for much of this week.(AP Photo/Evan Vucci)

Throughout the year, gold has faced various fluctuations, including some steep drops. At one point, it lost over $100 in just one day and saw a decrease of approximately $300 within a single month, following the initial reaction to tariffs announced during Trump’s “liberation day.”

Despite these fluctuations, gold remains on course for one of its most impressive single-year performances.

According to Attrill, “Gold has increased by 57% so far this year, greatly surpassing Bitcoin, which has risen by 17%, as well as outperforming major global stock indices.”

However, this may not provide much comfort to those who purchased gold earlier in the week.

The information provided on this site is general and does not serve as personal financial advice. It has been prepared without considering your personal objectives, financial situation, or needs. Before acting on any information provided here, you should evaluate its suitability in relation to your objectives, financial situation, and needs.

Share this @internewscast.com
You May Also Like
Prime Minister Anthony Albanese welcomes Indonesian President Prabowo Subianto to Kirribilli House. Wednesday 12th November 2025.

Australia Set to Sign Landmark Defense Agreement with Indonesia, the World’s Fourth-Largest Nation

During a joint appearance with Indonesian President Prabowo Subianto in Sydney today,…

End of an Era: Menulog Shuts Down After 20 Years in the Food Delivery Industry

After 20 years delivering meals and ad campaigns featuring stars such as…
FILE - Jack Schlossberg arrives at the JFK Library, on May 4, 2025, in Boston. (AP Photo/Robert F. Bukaty, File)

JFK’s Grandson Jack Schlossberg Launches Congressional Bid, Criticizes Trump in Bold Campaign Move

Jack Schlossberg, the grandson of former president John F Kennedy, is announcing…

Top Ukrainian Officials Step Down Amid Corruption Allegations

Ukraine’s energy and justice ministers resigned on Wednesday, the government said, over…
Virtual reconstruction of the Murgon paleoecosistem during the early eocene, 55 Mya.

Fossil Discovery Reveals Ancient Tree-Climbing Crocodiles in Queensland

Australian researchers have unearthed the continent’s most ancient crocodile eggshells, suggesting that…
Vyleen White, 70, was attacked near her car in an underground car park at Town Square Redbank Plains shopping centre in Ipswich, south-west of Brisbane.

Teen Sentenced to 16 Years for ‘Cowardly’ Murder of Grandmother Vyleen White

A teenager who didn’t hesitate before fatally stabbing a grandmother in front…
Missed out on seeing the aurora australis? You get one last chance tonight

Last Opportunity to Witness the Aurora Australis Tonight

If you missed the chance to catch a glimpse of the aurora…

Historic Gathering: Indigenous Rangers Unite in Record Numbers to Safeguard Kimberley Coastline

As Brazil hosts COP30 climate change talks, over 60 Traditional Owners and…
Yarra City Council yesterday voted to withdraw its long-term support for the North Richmond Medically Supervised Injection Room (MSIR).

Community Outcry: Push to Move Safe Injecting Room from School Vicinity Gains Momentum

A Melbourne council has reignited a years-long debate surrounding Victoria’s only safe…
Thomas Sewell (centre) arrives to the Supreme Court of Victoria in Melbourne today.

Neo-Nazi Leader Seeks Release Again Following Attack at Camp

A well-known Neo-Nazi leader is making a renewed attempt to secure bail…

Pakistan on High Alert: Defense Minister Declares ‘State of War’ Following Deadly Suicide Bombing

A suicide bomber killed 12 people in Pakistan’s capital on Tuesday in…
Opposition leader Sussan Ley departs after a Liberal party room meeting, at Parliament House in Canberra on Wednesday 12 November 2025.

Libs Rethink Climate Strategy: Net Zero Goal Scrapped After Intense Five-Hour Debate

The Liberal Party is reportedly poised to abandon its commitment to achieving…