CAPITAL MARKETS

Positive day for precious metals

IT was generally a positive day for precious metals in Asian trade but that wasn’t enough to boost the ASX 200 Metals & Mining sector into positive territory which was down around 0.5%.

Ngaire McDiarmid
Positive day for precious metals

The gold sector was a bright spot, with a gain of about 0.5%, as bullion traded at around US$1238 per ounce towards the end of the ASX session. Gold miner Saracen was a highlight, posting strong gains...

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