Gold slips as traders tip economic restart

Gold slips as traders tip economic restart

Gold retreated 1 per cent overnight as investors booked profits and Wall Street rallied on optimism over economies emerging from coronavirus-led shutdowns. Spot gold fell 0.7 per cent to $US1,727.23 per ounce, giving up some gains from earlier in the session. US gold...
Gold slips as traders tip economic restart

Battling traders seize virus loan scheme

Small and medium businesses have borrowed more than $150 million from the Commonwealth Bank as they battle the effects of the coronavirus pandemic. The loans are part of the federal government’s Coronavirus SME Guarantee Scheme, which became available on March...