ASX 200 LIVE: Gold, silver record run drives mining gains; Bapcor gearing risks

Investors pile into precious metals miners as silver hits new record highs after meteoric gains in gold and silver this year. Analysts say Angus McKay-led Bapcor’s profit downgrade has made its ‘gearing more of a concern’.

Gold and silver miners are the day's big movers. Bapcor chief executive Angus McKay has his task cut out on turning around the auto-parts group as balance sheet concerns rise.

The Australian’s rolling coverage of business and markets news for Wednesday, December 10.

The ASX 200 index is flat at 8589.2 points at 2.34pm AEDT with most sectors flat to down before the US interest rate decision. Iron ore, gold and lithium miners rise strongly.

Originally published as ASX 200 LIVE: Gold, silver record run drives mining gains; Bapcor gearing risks