ASX subdued despite strong Wall St lead

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Goldminers shining bright in early ASX trade

Summary

  • The ASX 200 was flat at the open, fluctuating between a loss and gain of about 0.1%
  • This is despite Wall Street rising strongly overnight to cap one of its best quarters in history
  • Gold hit its highest in nearly 8 years at $US1,785.46 per ounce amid ongoing coronavirus concerns 
  • AMP has finalised the sale of its life insurance business to Resolution Life for $3 billion

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