AdvertisementUpdated BusinessMarketsWorld markets ASX edges higher as iron ore tumbles Adrian Black Updated August 3, 2026 — 5:35pm ,first published August 3, 2026 — 5:23am Save You have reached your maximum number of saved items. Iron ore futures fell to a 13-month low. Gold stocks were mixed but broadly higher as the yellow metal firmed to $US4065 ($5783) an ounce, lifting the local sub-index 0.7 per cent. Analysts said that could be a signal that Amazon’s huge AI investments are paying off, and Amazon increased its forecast for how much it would spend on investments this year. Save You have reached your maximum number of saved items.