ASX Market Open: Gold record, Wall Street rally returns – so, some all-time highs Down Under next? | Oct 9
AppleApple(US:AAPL) The Market Online·2025-10-08 21:37

Group 1 - Gold has reached a new record price of $4,055 per ounce, positioning it to become Australia's second most valuable export after iron ore, surpassing liquefied natural gas [5][7] - The S&P 500 and Nasdaq composite indexes have achieved new highs, with gains of +0.59% and +1.1% respectively, indicating strong market performance [2][3] - Australian shares are expected to rise by +0.57% at the market open, approaching previous intraday and closing records [3] Group 2 - Northern Star (ASX:NST) and Westgold (ASX:WGX) experienced declines, but other gold miners like Evolution Mining (ASX:EVN) and Genesis Minerals (ASX:GMD) are performing well [5] - Smallcap Marmota (ASX:MEU) reported successful gold drilling results, achieving "bonanza" grades [6] - Altech Batteries (ASX:ATC) reported an 88.5% capacity retention on its alumina-coated silicon anodes, with a recent increase of +60% in stock price [6]