The COB from ausbiz

War of the miners: Gold vs Bitcoin


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The market finished the day up 0.83%, snapping a four day losing streak and nearly erasing the week to date losses in the process. First prize by sector goes to the materials space with gold stocks like GOR and PRU doing very nicely. IGO in the nickel space also contributed to the gains. In contrast, traders took their profits in NEA and ANN (the latter also because of a downgrade from Jefferies). As of writing, regional markets are also doing nicely with Japan and South Korea doing the best. Now that you know that, put your feet up and have the best weekend ever. 

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