Australian gold stocks decline as strong US inflation data weighs on bullion
Today 01:16
BUZZ-Australian gold stocks decline as strong US inflation data weighs on bullion ** Australian gold stocks .AXGD slip as much as 2.6%, marking their biggest intraday pct loss in a week
** Gold prices eased on Thursday as strong US inflation data and hawkish Fed comments boosted the dollar and reinforced rate-hike expectations GOL/
** Shares of Northern Star Resources NST.AX and Evolution Mining EVN.AX down 1.7% and 2.9%, respectively
** Australian gold stocks down 0.3% YTD
(Reporting by Subhalakshmi Dey in Bengaluru)
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