The price of spot gold has hit record highs in 2025, worth more than $US3,000 an ounce or around $5,000 Australian dollars. Analysts from Macquarie Bank say it could go as high as $US3,500 an ounce in the September quarter. While Gold has escaped Donald Trump's tariffs for now, there's still been a rush to buy bullion in the US with investors moving gold bars from London to America. Business reporter Samuel Yang travelled to Alkane's Tomingley mine in outback New South Wales for this report. Get