CAPITAL MARKETS

Miners and prices subdued

THE S&P/ASX200 metals and mining sector closed down around 1% today, with precious metal spot prices and base metals futures subdued as investors began to ponder the strength of the global economy.

Ngaire McDiarmid
Miners and prices subdued

The US dollar was close to its lowest level in almost a year, making the Australian dollar worth A79.3c against the greenback and taking the gold price lower in local terms to A$1562 on the spot market....

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