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Asian markets: disaster of Australian mining shares

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Asian markets: disaster of Australian mining shares

Trump has also announced 50% of the copper import tax on Tuesday and indicated that further sectoral customs would soon be followed.

He also threatened the introduction of customs up to 200% to the PHARMACEUTICAL EXPORT IN THE USA, but said that “people would give about a year, a year and a half” while customs do not enter into force.

The Australian stocks of gold mines recorded a significant decline on Wednesday, because gold prices ranged around a static line due to uncertainty about the customs plans of the US President Donald Trump.

The video of the price of gold was unchanged in relation to the dollar to $ 3,300.88 per ounce, concluding from 10:01 hours per Singapore time, seebiz.

Losses among the Australian miners led by Evolution Mining, which fell by 8.80%.

The decline was also recorded in Kingsgate Consolidated, which fell by 6.35%, Bellevue Gold, which retired by 5.70%, and Newmont Corporation fell by 5.14%.

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