Aussie gold stocks hit near 2-week low on bullion weakness overnight

Emerald Resources NL

13/06/2023 04:35

** Australian gold stocks  .AXGD  fall as much as 2.1% to
their lowest since June 1
    ** Gold prices dipped overnight as the dollar and bond
yields firmed, while traders braced for a busy week of key U.S.
inflation prints and major central bank policy meetings  GOL/ 
    ** Newcrest Mining  NCM.AX , Australia's biggest listed gold
miner, falls 2.3% to its lowest since May 31
    ** Heavyweight Northern Star Resources  NST.AX  skids 1.7%
    ** Gold miner Emerald Resources  EMR.AX  tumbles 7.8% to its
lowest since June 1
    ** EMR is the biggest laggard on the sub-index
    ** AXGD up 17.9% YTD as of last close
    


 (Reporting by Riya Sharma in Bengaluru)
 ((Riya.Sharma@thomsonreuters.com;))