ASX extends record despite geopolitical tensions | Rising oil, gold prices

While the US and Israel’s offensive in Iran rattles global markets, the ASX 200 has extended its record run, as rising commodity prices saw investors pile into energy and gold stocks, and lift the index. Last month's interest rate hike has done little to dampen house price growth with mid-size capital cities and regional areas leading the charge, while Sydney and Melbourne stall. SBS News is Australia's trusted news source for the latest news from Australia and across the world. Subscribe to the SBS News YouTube channel: https://www.youtube.com/@SBSNews Follow SBS News on Instagram: https://www.instagram.com/sbsnews_au Follow SBS News on TikTok: https://www.tiktok.com/@sbsnews_au Follow SBS News on X: https://www.twitter.com/SBSNews Follow SBS News on Facebook: https://www.facebook.com/sbsnews Apple News: https://trib.al/MTx0gUe For the latest news, visit www.sbs.com.au/news Network Terms & Conditions: https://sbs.com.au/terms Privacy Policy: https://sbs.com.au/privacy Feedback or complaints: https://sbs.com.au/complaints