ASX Today, Nov 21: Gold Decline Weighs on Markets, Lovisa Holdings Shines with Strong Early 2026 Sales

The Australian share market opened mixed on November 21, 2025, as global trends pushed investors into a cautious mood. Gold prices fell overnight, and this drop quickly weighed on local mining stocks. Many traders pulled back from risk because the stronger US dollar and new economic data signaled slower demand for safe-haven assets. This shift created early pressure on the ASX, especially in the materials sector.