Australian gold stocks rise on strong bullion

Bellevue Gold

16/05/2025 01:49

** Australian gold stocks .AXGD rise as much as 4.1% to 11,474.2; marks biggest intraday percent gain since May 6

** Gold prices gained more than 1% on Thursday on a softer dollar and weak U.S. economic data GOL/

** Evolution Mining EVN.AX rises 4.7%; among top pct gainers on local benchmark .AXJO

** Northern Star Resources NST.AX adds 3.5%; Bellevue Gold BGL.AX advances 3.3%

** However, AXGD set to decline 10.4% for the week, if trends hold

** YTD, sub-index climbs 30.8%

 (Reporting by Nichiket  Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com;))