Australian gold stocks fall as bullion prices slip

Bellevue Gold

15/03/2023 24:11

** Australian gold stocks  .AXGD  fall as much as 2.1%, set
for worst day since March 8, if losses continue
    ** Gold prices fell on Tuesday as a rise in Treasury yields
took the shine off bullion's recent rise that was driven by the
U.S. banking crisis  GOL/ 
    ** Westgold Resources  WGX.AX  slips as much as 5.5% to
A$1.03
    ** Sub-index heavyweight Northern Star Resources  NST.AX 
falls as much as 2.8% to A$10.93
    ** Bellevue Gold  BGL.AX  leads losses on AXGD, plunging as
much as 11.6% to A$1.053 - set for worst day since Dec 7, if
losses continue
    ** AXGD up 6.25% this year as of last close, vs a 0.4% fall
on the benchmark index  .AXJO 
 

 (Reporting by Ayushman Ojha)
 ((Ayushman.Ojha@thomsonreuters.com;))