Australian gold stocks set for record close as bullion shines

Emerald Resources NL

09/09/2025 03:06

** Australian gold stocks .AXGD rise as much as 1.5% to 14,024.20; set for highest closing level

** Bullion trading near record highs as demand surged on higher expectations of a U.S. Federal Reserve rate cut this month GOL/

** Vault Minerals VAU.AX gains as much as 4.2% to A$0.625, highest since April 2013; Emerald Resources EMR.AX adds more than 2%

** YTD, AXGD up 65.9% vs benchmark S&P/ASX 200's .AXJO 7.8% rise

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com))