Australian Gold stocks tumble to over two-month low as bullion prices fall
09/06/2026 01:33
BUZZ-Australian Gold stocks tumble to over two-month low as bullion prices fall ** Australian gold stocks .AXGD fall 6.5% their lowest level since March 24
** Bullion prices hit more than a two-month low after regaining some ground, following last week's strong U.S. jobs data, which boosted expectations of a Federal Reserve rate hike GOL/
** Sub-index heavyweights Northern Star Resources NST.AX and Evolution Mining EVN.AX shed 5.3% and 8.1%, respectively
** On a YTD-basis, AXGD loses 20.8% vs the broader benchmark's .AXJO 2.4% fall
(Reporting by Jasmeen Ara Shaikh in Bengaluru)
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