Aussie gold stocks set for worst day in over 2 weeks as bullion weakens

Gold Road Resources

06/02/2024 24:42

** Australian gold stocks  .AXGD  fall as much as 1.8%,
their lowest level since Jan 18
    ** The gold sub-index down 1.2%, faces worst day since Jan
17, if losses hold
    ** Gold dropped to more than a one-week low on Monday,
weighed down by a higher dollar and bond yields  GOL/ 
    ** Sector majors Northern Star Resources  NST.AX  and Gold
Road Resources  GOR.AX  fall 0.7% and 0.2% respectively
    ** Sub-index up 10.6% this year, as of last close

    

 (Reporting by Shivangi Lahiri in Bengaluru)
 ((shivangi.lahiri@thomsonreuters.com))