ASX 200 trims gains; Why this top fund manager is backing gold
Collins St Asset Management says a valuation gap with gold miners is set to close rapidly, potentially within months. Also today: EY prepares to announce layoffs. RBNZ holds rates. Dubber sacks CEO.
Welcome to the Trading Day blog for Wednesday, April 10. The ASX 200 index closed 0.3 per cent higher at 7848.5 points. Collins St Asset Management says a valuation gap with gold miners is set to close rapidly, potentially within months.
The Aussie dollar is trading around US66.22c.
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Originally published as ASX 200 trims gains; Why this top fund manager is backing gold