CommSec Market Update

Market Close 02 Oct 25: Gold fuels ASX one-month high


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The ASX200 rose 1.2% to a one-month high, edging closer to 9,000 points in a broad rally led by gold, banks and healthcare. Gold miners surged as prices hit fresh records near US$3,900 an ounce, while CSL bounced almost 4% and the big four banks all advanced. Globally, investors weighed the US government shutdown, weaker jobs data and strong US pharma gains, while dividend season picked up with payouts from Breville, Seek and Treasury Wines.

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