Australia's gold stocks at nearly one-month high on strong bullion

Greatland Resources

08/04/2026 01:44

** Australia's gold stocks .AXGD rise as much as 7.5% to their highest since March 13

** Gold extends gains as markets reassessed near-term risks after Donald Trump agreed to pause attacks on Iran for two weeks, easing fears of energy-driven inflation GOL/

** Miners Bellevue Gold BGL.AX, Greatland Resources GGP.AX, Ora Banda Mining OBM.AX up between 10.8% and 15.3%; among top movers on sub-index

** BGL, GGP, OBM among top movers on S&P/ASX 200 index .AXJO, which is up 2.7%

** YTD, AXGD up 0.2%

 (Reporting by Sherin Sunny in Bengaluru)

 ((Sherin.Sunny@thomsonreuters.com))