Australian gold stocks eye steepest gain in over 2-months on strong bullion
12/06/2026 01:44
BUZZ-Australian gold stocks eye steepest gain in over 2-months on strong bullion ** Australian gold stocks .AXGD rise 5.3%, on track for best day since April 8 if gains hold
** Sub-index rises after five straight sessions of losses
** Bullion prices jumped on Thursday with U.S. President Donald Trump calling off planned military strikes on Iran eased fears of oil-driven inflation and elevated interest rates GOL/
** Sector heavyweights Northern Star Resources NST.AX adds 4.7% while Evolution Mining EVN.AX gains 6.2%
** AXGD down 4.2% this week; loses 18.9% on YTD-basis including current moves
(Reporting by Jasmeen Ara Shaikh in Bengaluru)
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Australian gold stocks eye steepest gain in over 2-months on strong bullion