Australian gold miners fall as bullion prices weaken
18/06/2026 01:28
BUZZ-Australian gold miners fall as bullion prices weaken ** Australian gold stocks .AXGD fall as much as 2.8%, set to log its steepest intraday pct rise since June 11
** Sub-index snaps a four-day winning streak
** Bullion prices reversed course to drop more than 1% after the U.S. Federal Reserve held interest rate steady but hinted at a hike later this year, pushing the dollar higher. GOL/
** Shares of Northern Star Resources NST.AX and Evolution Mining EVN.AX slipped over 2.5% each and were among the worst performers in the S&P/ASX 200 index .AXJO
** Sub-index down ~8%, YTD
(Reporting by Anjali Singh in Bengaluru)
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