CAPITAL MARKETS

Investor jitters drag market lower

INVESTOR jitters over a potential interest rate hike and a drop in the Australian dollar after a month of record highs have dragged down the local share market, despite another gold price record and a slight rebound in base metals.

MiningNews.Net

The local unit retraced from a record high yesterday of $US109.12 and was fetching $1.08 at 4.24pm (AEST). The benchmark S&P/ASX 200 index closed down 49.8 points or 1.02% to 4823.2 at 4.17pm (AEST),...

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