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Market Wrap / gold retreat

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gold retreat

Market Wrap20 Oct, 2025

The S&P/ASX 200 rebounded from earlier losses, to finish 0.41% higher at 9,031.90 points this Monday. A retreat in gold was offset by a solid performance from the banks.Most miners ended in the red, with BHP down by 1%. It comes as China's third quarter GDP growth slowed to its lowest level in a year, up 4.8%. And China left its benchmark lending rates unchanged for the fifth straight month.Meanwhile, large swings were observed off-the-back of company news, with Beach Energy leaping by 3.6% on a production rise over the last quarter.Swinging the other way, Deep Yellow‘s share price dropped by 18.1% with CEO John Borshoff stepping down with immediate effect. And Bapcor shares fell 16.7% after a review into the company's trade segment revealed "unsatisfactory operational practices"Looking ahead, Prime Minister Albanese and US President Trump will discuss critical minerals overnight. And BHP, South32 and HUB24 release quarterly updates tomorrow.

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