Trading Day: S&P/ASX 200 gains as gold miners gather pace, RBA keeps cash rate on hold

ASX lifts as gold miners pile on gains and RBA keeps rates low until 2024.

It’s a busy week for markets, with major economic news and, locally, three of the big banks reporting results. Picture: AAP

Welcome to the Trading Day blog for Tuesday, May 4. The ASX 200 gained 0.56% with miners gold gathering pace into the afternoon session.  Mirvac, Super Retail and Seek gave trading updates.

The Reserve Bank of Australia board, as expected, has left the cash rate on hold at 0.1 per cent, where it's been since November.