Australia's gold stocks hit over one-week low as bullion slips

Evolution Mining

24/06/2026 01:56

** Australian gold stocks .AXGD fall as much as 2.1% to hit their lowest level since June 15
** Losses weigh on broader mining sub-index .AXMM, down 0.8%
** Gold prices slipped on Tuesday after the U.S. dollar hit a one-year high on increased hopes of a Federal Reserve rate hike GOL/
** Evolution Mining EVN.AX falls as much as 1.1%, Resolute Mining RSG.AX drops as much as 3.2% to hit its lowest level since June 12
** AXGD down 13.5% YTD

(Reporting by Nichiket Sunil in Bengaluru)
((Nichiket.Sunil@thomsonreuters.com))