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Inside the vault housing gold’s youth boom

Sarah Petty

The soaring price of gold is creating a boom for security box providers and traders, driven in part by a new and growing source of demand – younger buyers seeking other ways to build wealth after being priced out of buying a home.

Precious metal trading company ABC Bullion says the amount of money that has poured into its Gold Saver accounts, which allow people to trade physical gold, has surged by 150 per cent in the past year.

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Sarah Petty covers commercial and residential property markets for The Australian Financial Review, based in the Melbourne newsroom. Email Sarah at sarah.petty@afr.com

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    Original URL: https://www.afr.com/property/commercial/inside-the-vault-housing-gold-s-youth-boom-20250501-p5lvtk