Australian gold stocks rise 4% on surging bullion prices
16/10/2026 24:32
BUZZ-Australian gold stocks rise 4% on surging bullion prices ** Australian gold stocks .AXGD rise as much as 4.2%, logging their biggest intraday pct gain since August 20
** Sub-index tracks gold prices, which climbed more than 1% on Thursday supported by a weaker dollar and lower US Treasury yields GOL/** Evolution Mining EVN.AX rises 3%, while Northern Star Resources NST.AX gains over 3%
** AXGD down nearly 4% this year, including the day's move
(Reporting by Rajasik Mukherjee in Bengaluru)
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Australian gold stocks rise 4% on surging bullion prices