Macro uncertainties continue, with ongoing demonstrations in Hong Kong, a massive power blackout in South America, attacks on two oil tankers in the Middle East late last week and US-China trade tensions unresolved.
The spot gold price rose above US$1,350 an ounce on Friday but has softened a little to about $1,341/oz at the time of writing.
BHP (ASX: BHP) remains around an eight-year high, well above the A$40 mark in afternoon Australian trade, as the iron ore price remains close to $110 per tonne and workers at Codelco's Chuquicamata copper mine in Chile go on