Australia's trade surplus benefited from the soaring gold price.

Australia's monthly trade surplus continues to be boosted by the soaring price of gold. In September, the surplus was 3.9 billion Australian dollars, well above the 1.1 billion Australian dollars surplus in August. The value of goods exports in September jumped by 7.9% compared to the previous month, reversing the steep decline in August. This rebound was mainly driven by a sharp increase in non-monetary gold exports, which grew by 62.2% compared to the previous month.