Australian gold stocks eye steepest gain in over 2-months on strong bullion
12/06/2026 01:44
BUZZ-Australian gold stocks eye steepest gain in over 2-months on strong bullion ** Australian gold stocks .AXGD rise 5.3%, on track for best day since April 8 if gains hold
** Sub-index rises after five straight sessions of losses
** Bullion prices jumped on Thursday with U.S. President Donald Trump calling off planned military strikes on Iran eased fears of oil-driven inflation and elevated interest rates GOL/
** Sector heavyweights Northern Star Resources NST.AX adds 4.7% while Evolution Mining EVN.AX gains 6.2%
** AXGD down 4.2% this week; loses 18.9% on YTD-basis including current moves
(Reporting by Jasmeen Ara Shaikh in Bengaluru)
Recent news on Evolution Mining
See all newsAustralian gold stocks decline as strong US inflation data weighs on bullion
Australian gold stocks log worst day in two weeks as bullion slips
Australian gold stocks head for best day in nearly 5 months after bullion surge
Australian gold stocks snap four-day winning streak as bullion slides on Fed rate hike bets
Australian gold miners hits 2-month low on soft bullion