Published 8 days ago

ASX Market Close: Index finishes flat as investors flock to safe havens | October 11, 2024

Summary by themarketonline.com.au

The ASX200 has closed down 0.1% at 8,214 points in a flat day’s trade. The gold price has rallied and is up more than 0.43% to $US2,645 as investors flock to the safe haven of the precious metal amid rejuvenated concerns about a slowing US economy. In a note on China, Goldman Sachs says it expects iron ore prices to continue falling unless there is a meaningful uptick in demand. Eyes are now peeled on the Chinese Finance minister in anticipation…

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ASX Market Close: Index finishes flat as investors flock to safe havens | October 11, 2024

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