CommoditiesGold to overtake coal among top Australian exports, report shows
Precious metal forecast to rise as trade tensions drag down other major exports
Gold production in Australia is slated to reach 319 metric tons in 2025, a 6% increase on the previous year. © Getty Images
SYDNEY -- Gold is set to surpass metallurgical coal as Australia's third-most valuable export as investors seek safe assets, spurred by U.S.-led trade tensions, concerns over America's fiscal position and conflict in the Middle East, government data showed Monday.