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NCM - Newcrest Mining News Story

A$31.84 0.2  0.7%

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Basic Materials
Large Cap
Market Cap £13.03bn
Enterprise Value £14.19bn
Revenue £3.13bn
Position in Universe 19th / 1837

BUZZ-Australia's gold index hits 6-month low as bullion slides on Sino-U.S. trade deal optimism

Fri 13th December, 2019 12:21am
** Australian gold index  .AXGD  falls as much as 2.2%, the
lowest since June 13
    ** Gold retreated from an over one-month peak on Thursday
after U.S. President Donald Trump said Washington was close to a
trade deal with China, denting the safe-haven metal's appeal
    ** The United States on Thursday offered to cut existing
tariffs on Chinese goods by as much as 50% and suspend new
tariffs scheduled to be imposed on Dec. 15*:nL4N28M245
    ** Newcrest Mining  NCM.AX  hits over six-month low, while
smaller peers Evolution Mining  EVN.AX  and Alacer Gold Corp
 AQG.AX  slide as much as 3.4% and 5.2%, respectively
    ** Alacer Gold set to fall for sixth straight session 
    ** The gold index is up 17.74% this year, as of last close

 (Reporting by Sameer Manekar in Bengaluru)
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