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AU - AngloGold Ashanti News Story

$19.91 0.1  0.3%

Last Trade - 08/12/21

Sector
Basic Materials
Size
Large Cap
Market Cap £6.51bn
Enterprise Value £7.32bn
Revenue £3.34bn
Position in Universe 1049th / 7329

BUZZ-Australian gold stocks set for best week in 6 months

Fri 15th October, 2021 4:31am
** A sub-index of Australian gold stocks  .AXGD  is up more
than 6% this week, and set for its biggest weekly gain since
early-April
    ** As at 0259 GMT, AXGD is up 0.4%
    ** Bullion prices are set for their best week in more than
five months, as a retreat in U.S. dollar and Treasury yields
lift the metal's appeal despite a looming Federal Reserve taper
 GOL/ 
    ** Shares of sector heavyweight Newcrest Mining Ltd  NCM.AX 
are up more than 5.5% this week, and on course for their best
week since April
    ** Northern Star Resources  NST.AX  and ASX-listed shares of
AngloGold Ashanti Ltd  AGG.AX  gain about 5% and 8% this week,
respectively 
    ** Dacian Gold Ltd  DCN.AX  is on track for its best week
since mid-March, while Evolution Mining Ltd  EVN.AX  shares gain
5.6% this week
    ** AXGD is down 10.9% this year, as of last close, compared
to the benchmark index's  .AXJO  11% rise 
    
  

 (Reporting by Harish Sridharan in Bengaluru)
 ((harish.sridharan@thomsonreuters.com))
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