Australian gold stocks rebound as bullion gains

Evolution Mining

21/05/2026 02:24

** Australian gold stocks .AXGD rise as much as 2.7%, their biggest intraday pct gain since May 12

** Sub-index on track to snap five sessions of losses

** Benchmark .AXJO up as much as 1.3%

** Bullion gains as hopes for a resolution to the Iran conflict relieve inflation fears GOL/

** Gold miner Evolution Mining EVN.AX gains 3.8%

** YTD, AXGD down 14.7%, AXJO down 1.2%

(Reporting by Aamir Sheik Khalid in Bengaluru)

((Aamir.SheikKhalid@thomsonreuters.com))