Markets
Gold stocks likely to push Australian shares lower on open, NZ up
- Safe-haven gold eased on Thursday, as persistent vaccine optimism drove investors towards risk assets.
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Australian shares are set to open lower on Friday, with the country's prominent gold sector likely to come under pressure after an overnight drop in prices.
Safe-haven gold eased on Thursday, as persistent vaccine optimism drove investors towards risk assets.
The local share price index futures
fell 0.5, a 33.1-point discount to the underlying S&P/ASX 200 index close.
The benchmark had closed down 0.7% on Thursday.
New Zealand's benchmark S&P/NZX 50 index rose 0.1% in early trade.