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Australian All Ordinaries Index Closes Higher Wednesday

The Australian share market, including the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) and All Ordinaries (INDEXASX:XAO)(ASX:XAO), closed firmly higher on Wednesday.
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The Australian share market, including the S&P/ASX 200 (INDEXASX: XJO)(ASX: XJO) and All Ordinaries (INDEXASX: XAO)(ASX: XAO) closed firmly higher on Wednesday.

Biggest Movers

Biggest Losers

An overnight rally in commodity prices appears to have pushed shares in the ASX’s largest mining and resources businesses higher today.

Gold prices rose for the eighth day in a row overnight, providing a boost to the shiny metal. It now trades at $US 1,319 per ounce, according to Commsec.

The recent rise in gold coincides with a fall in the popular online cryptocurrency, Bitcoin. Bitcoin has fallen steeply in recent weeks after trading at more than $US20,000 in December.  

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Owen Rask’s investing report available

With bond ETFs like ASX:IAF and the S&P 500 riding high, now could be one of the best times to start earning passive income from a portfolio of shares and ETFs.

In this free analyst report, our Chief Investment Officer, Owen Rask, names 10 ASX stocks and ETFs to watch.

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