Australia’s biggest gold miner expects any gold price volatility in the countdown to the US presidential election between two big-spending candidates will stabilise, irrespective of whether Donald Trump or Kamala Harris win the White House.
Gold, which hit a record $3809 an ounce in Australian dollar terms on Friday, was steady at $US2443.24 ($3751) an ounce after the US 10-year Treasury yield fell to the lowest level since December and the Nasdaq slid into correction territory.
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Brad Thompson writes across business and politics from Western Australia for The Australian Financial Review. Brad is based in our Perth bureau. Connect with Brad on Twitter. Email Brad at brad.thompson@afr.com
