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RRL — Regis Resources News Story

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Basic MaterialsAdventurousLarge CapSuper Stock

Australian gold stocks hit record high as bullion prices rally

** Shares of Australian gold miners .AXGD rise as much as 3.3% to hit an all-time high

** Gold prices hovered near record highs, supported by expectations of the U.S. Federal Reserve cutting interest rates following a softer-than-expected U.S. inflation print GOL/

** Sector leaders Northern Star Resources NST.AX and Evolution Mining EVN.AX rise 3.1% and 4.9%, respectively

** Regis Resources RRL.AX advances 5.5% to A$5.42, top gainer in the broader benchmark index .AXJO

** AXGD up 70.9% YTD, surpassing an 8% gain on the AXJO

 (Reporting by Nikita Maria Jino in Bengaluru)

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

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