Australian gold stocks decline as bullion prices weaken

Genesis Minerals

11/03/2026 23:34

** Australian gold stocks .AXGD fall as much as 2.3%, set to snap two consecutive sessions of gains, if current trend holds

** Gold prices overnight edged lower, weighed down by looming inflation concerns that bolstered expectations of higher interest rates GOL/

** Gold miner Northern Star Resources NST.AX sheds 1.4% and Genesis Minerals GMD.AX loses 1%

** Stock has risen 1.3% this year, including day's moves

 (Reporting by Roshan Thomas in Bengaluru)

 ((Roshan.Thomas@thomsonreuters.com;))