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ASX Set for Flat Start After Wall Street Falls; Gold Tops $US4000 for First Time

Australian shares are expected to open slightly lower after Wall Street’s rally stalls following record highs, while gold prices surpass $4,000 amid inflation and debt concerns.

The Australian sharemarket is set for a sluggish start after Wall Street’s record-breaking rally was running out of momentum overnight and the price of gold topped $US4,000 per ounce for the first time.

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Australian Financial Review broke the news in Sydney, Australia on Tuesday, October 7, 2025.
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