Meteorite may have ‘rained gold’ on Australia

The article reports new geological research suggesting an ancient meteorite impact in Western Australia’s Goldfields may have redistributed gold in the region. Scientists confirmed the Ora Banda structure as a 5-km-wide impact crater by identifying microscopic shock features and meteorite residue in impact glass. While the studied rocks did not contain economic gold concentrations, researchers found evidence that gold was locally mobilized during the impact. The main market relevance is supportive for the broader gold theme, as the study reinforces the idea that asteroid impacts can alter metal distribution and potentially influence ore formation in mineral-rich districts. However, the piece is scientific rather than a direct supply/demand or price driver, so the impact on bullion markets appears limited and sentiment is mildly positive for gold-related narratives.