Gold, oil and crypto trade in US dollars worldwide. FinVolio converts each day's price at that day's AUD/USD rate when you choose A$.
An Australian investor's return is the asset's US-dollar return plus the change in the currency. If gold rises 5% in US dollars while the Australian dollar rises 5%, gold is roughly flat in Australian dollars.
Why it matters
Currency is a large part of the return on any overseas investment. Some funds hedge it away; unhedged holdings carry it in full.
On FinVolio
Switch with Prices in A$ / US$ at the top of every page. Share indices stay in points; the crypto 24-hour change is always in US dollars, as exchanges publish it.
See the data: AUD/USD.
General information, not advice.