Australian gold mining chiefs are bracing for gold price volatility to persist during the short-to-medium term after the precious metal failed to shine in the wake of Donald Trump's US election victory.
After hitting a 2016 high of $US1366 an ounce in early July, shortly after Brexit, the gold price cooled, counter to market expectations a Donald Trump victory in the November US election would provide substantial price support.
Loading...
Tess Ingram was a journalist with WAtoday. Before that, she was a reporter in The Australian Financial Review’s Perth bureau, covering business, economics and politics. Connect with Tess on Twitter.
