Australian gold miners rise as bullion climbs on softer oil prices

Northern Star Resources

05/08/2026 01:45

** Australian gold miners .AXGD rise as much as 2.6%, their highest level since July 23
** Sub-index on track for fourth consecutive session of gains, if current trend holds
** Gold miners rise, supported by decline in oil prices that tempered inflation fears and lowered the bets for U.S. interest rate hike GOL/
** Gold miner Northern Star Resources NST.AX gains 2.1%
** YTD, sub-index down 15.3%  

 (Reporting by Aamir Sheik Khalid in Bengaluru)
 ((Aamir.SheikKhalid@thomsonreuters.com))