ASX: Australian shares higher as gold hits record high

(Image: Getty)

Wed, 14 Aug 2024

By Derek RoseThe Australian share market has edged higher in its third straight day of gains, with losses by CSL and Seek outweighed by gains from the big banks and retailers. Goldminers did particularly well after the precious metal hit a record high amid growing fears of war between Iran and Israel, while lithium companies lost ground.The benchmark S&P/ASX200 index finished Tuesday up 13.1 points, or 0.17%, to 7,826.8, while the broader All Ordinaries gained 13.7 points, or 0.17%, to 8,042.2.Overnight gold jumped US$35 (NZ$57.58) to...

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