Australian shares are expected to fall slightly in early trade, while gold has surged to new record highs.AUD: 71.57 US cents, 54.76 British pence, 60.67 Euro cents, 75.65 Japanese yen, 4.982 Chinese yuan, $NZ1.081Europe: UK +0.1pc at 6,036, Germany -0.4pc at 12,601, Euro Stoxx 50 +2.2pc at 3,254Spot gold +2.1pc at $US2,018.07/ounce, iron ore +1.6pc at $US117.
88/tonneASX futures had slipped by 14 points, or 0.2 per cent, which indicates the local share market is likely to open lower.Investors were waiting for a major bill to provide coronavirus aid, with Democrats saying talks with the White House were moving in the "right direction", despite both sides remaining far apart on major issues.The ultra-low interest-rate environment and hopes for more stimulus in the United States have boosted gold's safe-haven appeal.
Pity Australia sold all of ours.
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