Aussie gold stocks set for worst day in nearly 3 weeks

Bellevue Gold

25/09/2023 02:35

** Aussie gold stocks  .AXGD  fall as much as 2.1% - set for
their worst day since Sept. 5, if losses hold
    ** Gold steadied after eking out a narrow 0.1% gain last
week, as investors assessed U.S. Federal Reserve officials'
warning of further interest rate hikes  GOL/ 
    ** Sector majors Northern Star Resources  NST.AX  falls as
much as 2.6% and Newcrest Mining  NCM.AX  falls as much as 1.2%
    ** Bellevue Gold  BGL.AX  and Capricorn Metals  CMM.AX 
slide over 4% each
    ** As of last close, AXGD up ~13% this year vs a 0.4% gain
in benchmark index  .AXJO 



 (Reporting by Himanshi Akhand in Bengaluru)
 ((Himanshi.Akhand@thomsonreuters.com;))