Australian gold stocks rise 4% on surging bullion prices

Northern Star Resources

16/10/2026 24:32

** Australian gold stocks .AXGD rise as much as 4.2%, logging their biggest intraday pct gain since August 20
** Sub-index tracks gold prices, which climbed more than 1% on Thursday supported by a weaker dollar and lower US Treasury yields GOL/
** Evolution Mining EVN.AX rises 3%, while Northern Star Resources NST.AX gains over 3%
** AXGD down nearly 4% this year, including the day's move

 (Reporting by Rajasik Mukherjee in Bengaluru)
 ((Rajasik.Mukherjee@thomsonreuters.com))