Australian gold stocks fall after bullion prices ease overnight

Bellevue Gold

07/11/2023 01:07

** Australian gold stocks  .AXGD  fall as much as 1.7% in
their biggest intraday pct drop since Oct. 31  
    ** Sub-index down after two straight sessions of gains
    ** Gold prices eased on Monday as U.S. Treasury yields rose,
with investors remaining cautious as they gear up for a host of
Federal Reserve speakers this week including Jerome Powell
 GOL/ 
    ** Shares of Northern Star Resources  NST.AX  fall as much
as 1.6%
    ** Bellevue Gold  BGL.AX  shares slide up to 5.6% to become
top loser in the sub-index 
    ** AXGD up 16.3% YTD, as of last close, vs a 0.6% fall in
the benchmark index  .AXJO 

 (Reporting by John Biju in Bengaluru)
 ((John.Biju@thomsonreuters.com;))