Gold and bitcoin surge, ASX slips as bond sell-off accelerates | Finance Report | ABC NEWS
The price of gold and the original cryptocurrency, bitcoin, have jumped to their highest levels in months.
It coincides with the borrowing costs of governments in the US, Australia, Japan, UK and other countries surging to multi-decade highs, triggering a sell-off across global bond markets.
The Australian share market fell 0.3%, following steep losses on Wall Street.
Presented by David Chau.
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