Gold breaks $4,800 as Trump tariff threat jolts markets; ASX extends selloff, Rio Tinto beats forecasts

Australian shares ended Wednesday in the red while gold surged past $4,800 an ounce, setting a new record as traders prepared for fresh U.S. tariffs related to Greenland.

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AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 Strong Buy

NVIDIA

94/100
#2 Strong Buy

Meta Platforms

89/100
#3 Buy

Alphabet

87/100
#4 Buy

Amazon

84/100
#5 Selective Buy

Microsoft

82/100
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Editorial model selection. Not personalised advice.