Australia's trade performance in June was marked by a significant boost, driven largely by strong exports of gold and other commodities. The Australian Bureau of Statistics reported that the country's trade surplus widened to AUD 13.7 billion, reflecting increased demand for Australian goods on the global market. Gold exports surged by 25% compared to the previous month, contributing significantly to the overall trade surplus. This growth was supported by favorable global economic conditions and rising demand for precious metals. The strong performance in trade has been welcomed by policymakers, who see it as a positive sign for the country's economic resilience and its ability to compete in international markets.