Recently, the price of GOLD has risen dramatically,
Meanwhile, pay attention to the reserves of GOLD.
The top five in the world are below (KG)
1 China 426,142
2 Australia 301,000
3 Russia 270,216
4 US 237,000
5 Canada 164,313
Considering this, it is said that there are considerable gold reserves in Australia and Canada, which are not so large in economy.
Looking at recent price movements, it seems that the rise in GOLD and the rise in AUD are linked.
It may be temporary, but for this reason, I’m going to buy AUDUSD today.