Newcrest Mining Limited (ASX: NCM) will be on watch after the gold price edged lower overnight. According to CNBC, the spot gold price is down 0.25% to US$1,775.60 an ounce. Traders appear nervous ahead of the next US Federal Reserve meeting.
Iron ore price continues to rise
Rio Tinto Limited(ASX: RIO) shareholders will be pleased to see that the iron ore price has continued its rise. According to Metal Bulletin, the spot iron ore price rose a further 0.9% to US$195.31 per tonne. This is a record high for the steel making ingredient.
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2 of the best ASX dividend shares to buy
James Mickleboro | April 20, 2021 7:10am |
More on: Image source: Getty Images
Are you looking to add some new faces to your income portfolio this week? If you are, then you might want to look at the ASX dividend shares listed below.
Here’s what you need to know about them:
This supermarket operator could be a top option for income investors right now. This is due to Coles’ strong market position, defensive qualities, and its attractive valuation and yield.
And while the second half of FY 2021 could be mildly disappointing due to the fact it is now cycling the elevated sales period from a year earlier, Coles’ longer term outlook remains very positive. This is thanks to its focus on automation, growing own label sales, and its transformational strategy.