Australian gold stocks log worst day in two months on softer prices
31/08/2026 03:48
BUZZ-Australian gold stocks log worst day in two months on softer prices ** Australian gold stocks .AXGD fall as much as 5.4% in their biggest drop since June 20
** Gold prices are at a nearly two-week low after U.S. Federal Reserve Chair Kevin Warsh signalled that interest rate hikes may be needed to contain inflation GOL/
** Sector majors Evolution Mining EVN.AX and Northern Star Resources NST.AX drop 5.6% and 5.1%, respectively
** AXGD up 2.7% YTD
(Reporting by Keshav Singh Chundawat in Bengaluru)
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