AUD News 

Australia surplus boosted by gold demand

“Heightened geopolitical risk drove up demand for gold exports, the Australian Bureau of Statistics said” writes James Glynn for marketwatch.com. The surplus was helped by a strong iron ore price and increasing gas exports.SYDNEY–Australia’s current account was in surplus for a second consecutive quarter, supported by strong gold prices, expanding exports and a fall in the Australian dollar to its lowest levels in a decade.
 
Source: marketwatch.com



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