Australian gold miners fall as bullion prices weaken

Northern Star Resources

Yesterday 01:28

** Australian gold stocks .AXGD fall as much as 2.8%, set to log its steepest intraday pct rise since June 11
** Sub-index snaps a four-day winning streak
** Bullion prices reversed course to drop more than 1%  after the U.S. Federal Reserve held interest rate steady but hinted at a hike later this year, pushing the dollar higher. GOL/
** Shares of Northern Star Resources NST.AX and Evolution Mining EVN.AX slipped over 2.5% each and were among the worst performers in the S&P/ASX 200 index .AXJO
** Sub-index down ~8%, YTD

(Reporting by Anjali Singh in Bengaluru)
((anjali.singh2@thomsonreuters.com; ))