Commodity Brokers News

Index Heads For Record Territory

Friday April 24, 1998
The sharemarket surged to with- in four points of a new record yesterday when a rally in bonds and firmer commodity prices boosted buying interest in both mining and industrial stocks. The All Ordinaries index rose throughout the trading session, finishing at 2877.8, up 21 points, its highest lev

Fears Over Japan Rekindle Investors' Interest In Gold

Tuesday April 7, 1998
Gold stocks soared yesterday as brokers forecast a continued rise in the price of the precious metal to as high as $US320 an ounce and recommended investors go overweight in the sector. Gold for three-month delivery on the Comex division of the New York Mercantile Exchange jumped $US6.10 to $US31

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