Gold prices take a tumble: ASX to open higher
11 Jan 2021 - The ASX looks set to open higher this morning as the US is preparing for more stimulus measures to help combat economic hardship brought on due to the coronavirus pandemic. Gold prices tumbled on Friday as the US dollar rebounded sharply and US yields surged. Iraq raised pricing for all crude sales to Asia for February, after a similar move by Saudi Arabia, OPEC’s biggest producer. New Zealand retirement developer the Summerset Group (ASX:SNZ) reports strong quarter for sales.
Gold prices take a tumble: ASX to open higher
11 Jan 2021 - The ASX looks set to open higher this morning as the US is preparing for more stimulus measures to help combat economic hardship brought on due to the coronavirus pandemic. Gold prices tumbled on Friday as the US dollar rebounded sharply and US yields surged. Iraq raised pricing for all crude sales to Asia for February, after a similar move by Saudi Arabia, OPEC’s biggest producer. New Zealand retirement developer the Summerset Group (ASX:SNZ) reports strong quarter for sales.