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AAP
AAP
Business
Adrian Black

Aussie shares dip as metals prices drag miners into red

Australia's share market has lost ground, led by a slump in mining stocks as interest rate worries and AI uncertainty impacted gold and copper prices.

The S&P/ASX200 fell 38.1 points on Thursday, down 0.43 per cent, to 8793.2, as the broader All Ordinaries lost 39.5 points, or 0.44 per cent, to 8917.1.

Energy and materials stocks dragged the bourse into the red, following a fresh wave of global AI jitters and the data centre build-out, Global X senior strategist Marc Jocum said.

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