Copper prices hit record high
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The Dow, S&P 500 and Nasdaq retreat from record highs as President Trump rolled out a fresh tariff against Canada, following Brazil hit. Meanwhile, the Federal Reserve and Chairman Powell are under fire for spending on renovations.
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Financials made more modest gains, up 0.7 per cent, with Commonwealth Bank – the index’s largest stock – advancing 0.8 per cent. Westpac (up 0.5 per cent), National Australia Bank (up 1.1 per cent) and ANZ (up 0.8 per cent) rounded out the positive moves for bank shares.
Laopu has been drawing strong investor interest, benefiting from high gold prices and a wave of Chinese consumer demand for luxury goods. Gold has been in high demand over the past months, fueled by central bank buying and investors looking for safe havens amid market volatility.
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Business Insider Africa on MSNGold and forex reserves supporting Zimbabwe's ZiG hit all-time highGold and foreign-currency reserves supporting Zimbabwe’s bullion-backed currency, the ZiG (Zimbabwe Gold), hit a record high in June, according to the central bank. ・Zimbabwe's central bank reported record-high gold and foreign currency reserves,
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The Independent on MSNBitcoin price all-time high: What’s behind crypto’s record-breaking rally – and how high could it go?What’s behind crypto’s record-breaking rally – and how high could it go? - The cryptocurrency’s latest price surge has revived ‘digital gold’ comparisons