Australian gold stocks gain as bullion recoups losses

Ramelius Resources

03/02/2026 04:41

** Australian gold stocks .AXGD rise as much as 4%, their biggest intraday gain since January 23

** Gold rebounds more than 2% on Tuesday after a sharp selloff triggered by the nomination of Kevin Warsh as the next U.S. Federal Reserve chair GOL/

** Index majors Evolution Mining EVN.AX, Northern Star Resources NST.AX and Ramelius Resources RMS.AX rise between 1.5% and 4.3%

** Sub-index up 5.5% so far this year

(Reporting by Keshav Singh Chundawat in Bengaluru)

((Keshav.singhchundawat@thomsonreuters.com))