Aussie gold stocks gain as bullion steadies with focus on US CPI data

SSR Mining

11/09/2024 06:34

** Australian gold stocks  .AXGD  jump as much as 2.3%,
marking their biggest intra-day percentage gain since Aug. 19
    ** Gold prices steadied as investors keenly await the U.S.
inflation data for hints on the size of the Federal Reserve's
interest rate cut next week  GOL/ 
    ** ASX-listed shares of gold miner SSR Mining  SSR.AX  lead
sector gains, rising as much as 5.3% to mark its biggest
intra-day percentage gain since Aug. 20
    ** Australia's largest gold miner Northern Star  NST.AX 
jumps 2.4%, while ASX-listed shares of Newmont  NEM.AX  climbs
1.7%
    ** The gold index has risen 9.2% so far this year vs the
broader benchmark index  .AXJO  climbing 5.1%

 (Reporting by Roushni Nair in Bengaluru)
 ((Roushni.Nair@thomsonreuters.com;))