Aussie shares flat as banks bounce, gold retreats

Aussie shares flat as banks bounce, gold retreats

The last full trading session for the year is off to a muted start, with energy stocks and financials edging higher as precious metals sell off.

Gold miners send ASX lower; energy stocks gain

A slump in gold miners and falls in property stocks sent the Australian sharemarket slightly lower on Tuesday afternoon, wiping out early market gains.

ASX to slip amid precious metals’ sell-off

Australian shares are set to struggle at the open, after silver tumbled, taking both gold and platinum sharply lower. Profit-taking also dented US megacaps.