Gold surges to A$2,300/oz

Gold priced in Aussie dollars spiked over $2,300/oz for the first time ever overnight. It happened as news hit the wires that a Boeing 737 flown by Ukraine Airlines crashed while departing Tehran. What an unlikely trio of coincidences. Boeing is mired in controversy 737 Max. Ukraine finds itself it the middle of a US impeachment scandal. And Iran had just fired a retaliatory missile strike at US forces based in Iraq. It’s no wonder gold is getting a ‘safe haven[‘ bid.