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Trading Day: Australian shares cling to positive as gold hits record – The Australian

Welcome to the Trading Day blog for Monday, July 27. Strength among the gold miners helped push the local market to finish firmly higher on Monday after the price of gold surged to a record high. At the close of trade, the SPASX 200 was up 20.2 points, or 0.…

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Welcome to the Trading Day blog for Monday, July 27. Strength among the gold miners helped push the local market to finish firmly higher on Monday after the price of gold surged to a record high. At the close of trade, the S&P/ASX 200 was up 20.2 points, or 0.34 per cent, at 6044.2. The broader All Ordinaries lifted 21.6 points or 0.35 per cent to 6169.6.Australian shares had moved into positive territory as hope of more US fiscal stimulus offset rising tension with China and ongoing concern…

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