Australian gold stocks slide after bullion hits one-week low overnight

Evolution Mining

13/02/2026 04:50

** Australian gold stocks  .AXGD fall as much as 4.9% in their biggest intraday pct loss since Feb 5
** Gold prices hit a one-week low overnight as strong US jobs data dampened near-term rate-cut expectation GOL/

** Northern Star Resources NST.AX falls as much as 5.1% to A$27.89, while Evolution Mining EVN.AX is down 2.4%

** YTD, AXGD has gained 8.3% vs broader benchmark's .AXJO 2.4% rise

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))