Australian shares rise towards fresh high as gold stocks shine; Fed in focus
- Posted on September 16, 2024
- By Business News Today
- 2 Views
Australian shares rise towards fresh high as gold stocks shine; Fed in focus
Australian shares neared a record high on Monday, driven by a surge in gold stocks amid rising bullion prices. Investors are anticipating a rate cut by the U.S. Federal Reserve later this week. The S&P/ASX 200 index rose 0.5%, with financials and miners also showing gains.
