Aust stocks close slightly higher

Local market lifts at close after Wall Street gains and gold price rallies.

The Australian stock market closed slightly higher following gains on Wall Street as United States data showed new home sales plunged 13.4% in July.

At 1615 AEST official market close, the benchmark S&P/ASX200 index rose 0.22% to 5,134.9 points, while the broader All Ordinaries index lifted 0.24% to 5,127.3 points.

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