CAPITAL MARKETS

Gold miners slump as price threatens to fall into $1600s

THE gold sector faced a vicious sell-off today after gold slipped overnight and continued falling during Australian trade. The spot price fell as low as US$1702 an ounce and was only trading about $2 above that level at the time of writing.

 Image: iStock/Petmal

Image: iStock/Petmal

Updated: 01-09-2022

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