Business
ASX200: Gold shines as Australian Stock Exchange sinks into red – NEWS.com.au
Australian shares sink back to ‘magnet’ 6000 point mark but gold shares jump
The Australian share market closed in the red, weighed down by record coronavirus numbers in Victoria and rising tensions between the US and China, but gold shares jumped after the price of the precious metal hit a new record.The S&P/ASX200 slid below the key 6000 point mark in intraday trade on Wednesday before finishing down 0.6 per cent at 6001.3 while the All Ordinaries Index dipped 0.5 per cent to 6135.9.
CMC markets chief market strategist Michael McCarthy said investor sentiment had …
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