Gold has fallen below $US1,200 for the first time since mid-February, as comments from Federal Reserve chief Janet Yellen on the likelihood of higher US interest rates sent the US dollar to two-month highs.
The prospects of a Perth consumer newspaper monopoly are firming, with the Australian Competition and Consumer Commission preparing to review a tie-up between The West Australian and The Sunday Times.
The Australian share market has closed lower as investors continue to ponder the possibility of another cut to local interest rates and await the federal election vote on July 2.
The share market has closed lower as mining and energy stocks lost ground after the release of flat jobs figures and an increase in the prospect of a US rate hike.
The Australian share market is lower, hurt by banking and retail stocks after Wall Street fell on fears about the prospect of the Federal Reserve lifting its interest rate.
The Australian share market is slightly higher following a fall in commodity prices, disappointing data about China's economy and Wall Street closing in red territory.