Australia's gold stocks rise on strong bullion prices

Resolute Mining

31/03/2026 02:37

** Australian gold stocks .AXGD rises as much as 1.5%

** Gold rose as safe-haven demand picked up, although prices were headed for a monthly decline as the Middle East conflict drove expectations of inflation, higher global interest rates GOL/

** Sub-index sheds 25.2% so far this month; set for worst month since June 2013

** Resolute Mining RSG.AX, Evolution Mining EVN.AX gain as much as 5.8% and 1%, respectively

** YTD, AXGD down 12.8%

 (Reporting by Sherin Sunny in Bengaluru)

 ((Sherin.Sunny@thomsonreuters.com))