Overview
Australian shares are poised to open sharply higher after a three-day break, bolstered by surging precious metals prices. Gold briefly broke through $US5100 an ounce for the first time, while silver topped $US114 an ounce.
Goldman Sachs says, “risk appetite is now very elevated”, with the firm’s risk appetite indicator at its highest level since 2021.
Source: https://www.afr.com/markets/equity-markets/asx-to-rise-wall-st-rallies-precious-metals-soar-20260127-p5nx6f