Australian gold stocks hit new record high on stronger bullion prices

Regis Resources

12/09/2025 02:22

** Shares of Australian gold stocks .AXGD rise 1% to hit a fresh record high

** Sub-index up 5.1% so far this week, set for sixth straight weekly gain

** Gold prices were headed for a fourth consecutive weekly gain as fears of a weakening U.S. labour market eclipsed inflation concerns ahead of an expected Federal Reserve rate cut next week GOL/

** Sector major Northern Star Resources NST.AX gains 0.7% to A$21.03, its highest level since June 17

** Regis Resources RRL.AX rises 3.7% to A$5.65; among the top movers on the ASX 200 index .AXJO, which is up 0.8%

** AXGD up 73% YTD, outperforming 8.8% gain on the AXJO

 (Reporting by Nikita Maria Jino in Bengaluru)

 ((Nikita.Jino@thomsonreuters.com;))