Australian equities trade higher at midday, with the benchmark share index up about 1.2%. Multiple outlets report the rally is strongest among gold-related stocks, which gain as the price of gold rises. The coverage characterises the move as putting the market on track for its best day in weeks, suggesting a broad improvement compared with recent sessions, though specific end-of-day figures are not provided in the reports. The accounts attribute the intraday gains largely to the direction of gold, with goldminers benefiting from the higher precious-metal price. While other sectors are not detailed, the common thread across the articles is that the index’s improvement aligns with strength in goldminers rather than an alternative driver. Overall, the reports describe a positive midday momentum in the Australian market, supported by commodity-linked performance.
Australian shares rise 1.2% at midday, boosted by goldminers
Australian equities trade higher at midday, with the benchmark share index up about 1.2%. Multiple outlets report the rally is strongest among gold-related stocks, which gain as the price of gold rise...
- The ASX benchmark index is up about 1.2% at midday.
- Goldminers are among the strongest-performing parts of the market.
- The rally is linked to a rise in the gold price.
- The market is described as being on track for its best day in weeks.
The Australian share market's benchmark index was 1.2 per cent higher at midday, propelled in part by strong gains by goldminers as the precious metal rose.
2 hours agoThe Australian share market's benchmark index was 1.2 per cent higher at midday, propelled in part by strong gains by goldminers as the precious metal rose.
2 hours agoThe Australian share market's benchmark index was 1.2 per cent higher at midday, propelled in part by strong gains by goldminers as the precious metal rose.
2 hours ago
Rhode Island’s ‘Taylor Swift Tax’ raises costs for owners of second homes
Rhode Island has enacted a new tax commonly referred to as a “Taylor Swift Tax,” aimed at raising revenue from non-prima...
Vicky Kaushal shares monsoon photo with Katrina Kaif, fans react
Actors Vicky Kaushal and Katrina Kaif share a romantic monsoon-themed photo that draws attention on social media. Multip...
Ethereum Institutional launched as an independent nonprofit to scale institutional on-chain finance
Ethereum Institutional launches as an independent, nonprofit organization aimed at bringing institutional finance to blo...