Australian gold stocks track bullion prices higher

Genesis Minerals

22/05/2025 03:08

** Australian gold stocks .AXGD rise as much as 3.1% to its highest since May 8

** Sub-index extends gains to a second straight session

** Bullion prices climbed amid growing concerns over U.S. government's growing debt and lukewarm demand for 20-year Treasury bonds GOL/

** Genesis Minerals GMD.AX and Northern Star Resources NST.AX rise 4.5% and 4.1%, respectively; among top gainers on ASX 200 index .AXJO

** Sub-index last up 2.9%, takes this year's gains to 43.2%, as of last close

 (Reporting by Sherin Sunny in Bengaluru)

 ((Sherin.Sunny@thomsonreuters.com;))