Australian gold stocks slide tracking over 1% fall in bullion
13/07/2026 03:20
BUZZ-Australian gold stocks slide tracking over 1% fall in bullion ** Australian gold miners .AXGD fall as much as 2.4%, while the broader benchmark .AXJO was down 0.5% as of 0210 GMT
** Bullion prices slid more than 1% in early Asian trade, as fears of the Strait of Hormuz closure drove oil prices sharply higher and revived expectations of elevated interest rates to combat inflationary pressures GOL/
** Shares of gold miners Northern Star Resources NST.AX were down 2.6%, while St Barbara SBM.AX and Evolution Mining EVN.AX lost 2.7% and 1.7%, respectively
** Sub-index has fallen 18.8% YTD
(Reporting by Roshan Thomas in Bengaluru)
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