The Australian share market has finished higher for the day as gold rebounded after hitting an eight-month low, but local shares still lost ground for the week.
The benchmark S&P/ASX200 index rose 15.5 points, or 0.18 per cent, to 8,764.2 on Friday, while the broader All Ordinaries gained 12.6 points, or 0.14 per cent, to 8,964.2.
The ASX200 dropped 0.7 per cent for the week, leaving it up just 0.6 per cent so far in 2026.
The 10 biggest gainers in the ASX200 on Friday were all goldminers as the precious metal rose back above Thursday's eight-month low of $US4,000 to change hands at $US4,047 an ounce.
Gold is still down 12 per cent since the start of June, mostly due to increased expectations that the Federal Reserve will raise US interest rates later this year.
Overall, seven of the ASX's 11 sectors finished higher and four closed lower.
Healthcare lost 1.3 per cent as CSL retreated 2.4 per cent to $114.87.
Technology dropped 1.2 per cent following the weak lead from Wall Street, with NEXTDC falling 4.5 per cent and Megaport retreating 3.3 per cent.
The energy sector finished up 0.5 per cent as Brent crude changed hands for $US73.80 a barrel, up about $US1 from Thursday.
In the financial sector, the big four banks had a relatively subdued day.
The Australian dollar was trading at 68.97 US cents, from 68.91 US cents at 5pm on Thursday.
In crypto, Bitcoin fell below $US60,000 for the first time since September 2024, its value having dropped by almost a third since the start of the year.
