Soaring prices spark Australia gold rush for new generation of fortune hunters


FILE PHOTO: Vicki Plumridge, 63, a retired retail worker, reacts as Peter Vanjek, 65, a Gold and Relics prospecting tour guide, tells her she has found a small gold nugget during a Gold and Relics metal detector training session in Mount Doran, Australia, November 29, 2025. - Reuters

MELBOURNE: In the hinterlands of Australia's historic goldfields, Vicki Plumridge jumps for joy when she digs a small golden nugget out of the earth. The retired retail worker was learning how to use her new metal detector when it started bleeping by the moss-covered ruins of a building.

After Plumridge dug the nugget out of the shallow dirt with a plastic trowel, a guide estimated it was around 0.2 of a gram of gold, worth about A$40 (US$26.58).

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