CAPITAL MARKETS

No shine for gold stock after US Fed meets

WITH the US dollar stronger after the Federal Reserve left benchmark interest rates unchanged, gold stocks had a poor day on the ASX. The patch lost nearly 3.5% overall, with Emerald Resources the only name of note to make positive market progress as it reported news from its Okvau pre-development project in Cambodia.

Staff Reporter
No shine for gold stock after US Fed meets

Updated: 28-01-2021

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