Aussie gold miners hit a 4-week high on strong bullion prices

St Barbara

29/08/2023 06:42

** Australian gold miners  .AXGD  jump as much as 2.1%,
hitting their highest since Aug 2
    ** The sub-index tops gains on the benchmark ASX 200 index
 .AXJO 
    ** AXGD tracks gold prices higher as U.S Treasury yields
retreated from recent highs ahead of crucial U.S. inflation and
jobs data this week that could define the outlook for interest
rates  GOL/ 
    ** Shares of St Barbara  SBM.AX  posts its best day since
July 6, climbing as much as nearly 9%, leading the gains on the
sub-index
    ** Sector major Evolution Mining  EVN.AX  advances 1.3%
    ** AXGD has risen 11.7% so far this year, as of last close 

 (Reporting by Navya Mittal in Bengaluru)
 ((navya.mittal@thomsonreuters.com))