Australian gold stocks drop to two-week low on bullion loses shine

Evolution Mining

02/09/2026 02:13

** Australian gold stocks .AXGD down as much as 4.8%, their lowest level since August 20
** Gold prices dropped more than 2% on Tuesday to a two-week low as elevated Treasury yields and a stronger dollar weighed on prices GOL/
** Shares of Northern Star Resources NST.AX and Evolution Mining EVN.AX down as much as 5.5% and 5%, respectively, as both drop to a two-week low
** YTD, gold stocks up 0.1%, including session's moves 

 (Reporting by Subhalakshmi Dey in Bengaluru)
 ((Subhalakshmi.Dey@thomsonreuters.com;))