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A$29.71 -2.1  -6.7%

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Basic Materials
Large Cap
Market Cap £13.12bn
Enterprise Value £14.28bn
Revenue £3.12bn
Position in Universe 19th / 1837

BUZZ-Australia's gold index hits 6-week high as bullion prices gain overnight

Fri 27th December, 2019 4:01am
(Updates figures, adds weekly milestone)
    ** Australia's gold index  .AXGD  rises 3.2% to its highest
in six weeks
    ** Gold stocks among biggest gainers on the main index
    ** Gold prices rose to a near-two month high overnight,
holding firm above the key $1,500 level, as investors braced for
a robust equity rally to run out of steam  GOL/ 
    ** A slight easing in spot gold prices  XAU=  in early trade
on Friday, however, fails to dent gains among the miners
    ** Index's biggest gold miner Newcrest Mining Ltd  NCM.AX 
gains as much as 1.9% to an over three-week high
    ** Northern Star Resources Ltd  NST.AX  firms 3.1% to its
highest since Oct. 16
    ** The smaller Evolution Mining Ltd  EVN.AX  gains 3.9%,
hovers at its highest in two weeks; Resolute Mining Ltd  RSG.AX 
jumps 8.5% to a near two-month peak
    ** Saracen Mineral Holdings  SAR.AX , Dacian Gold  DCN.AX 
and Tribune Resources  TBR.AX  all gain over 5%
    ** The gold index is on track to add 4.9% for the week 
    ** Index up 19.3% this year, as of last close, marginally
outpaced by the broader S&P/ASX 200 benchmark's 20.3% climb

 (Reporting by Anushka Trivedi in Bengaluru)
 ((; +918067491413;))
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