Australian gold stocks rise as bullion recovers

Bellevue Gold

17/06/2025 05:31

** Australian gold shares .AXGD rise 1.5% to 12731.5 points

** Gold prices rebounded on Tuesday as heightened geopolitical uncertainty stemming from Israel-Iran fighting and U.S. President Donald Trump's call to evacuate Tehran led investors to seek safe-haven assets GOL/

** Northern Star Resources NST.AX rises nearly 2% while Evolution Mining EVN.AX adds 1.1%

** Smaller miners Bellevue Gold BGL.AX and Emerald Resources EMR.AX feature among top gainers on the benchmark index .AXJO

** Sub-index up 51.2% on YTD basis

 (Reporting by Jasmeen Ara Shaikh in Bengaluru)

 ((JasmeenAraIslam.Shaikh@thomsonreuters.com;))