Australian gold miners hits 2-week low on holiday thin trade

St Barbara

02/01/2024 01:05

** Australian gold stocks  .AXGD  fall as much as 1.1%, its
lowest level since Dec. 15, 2023 
    ** U.S. gold futures  GCcv1  settled 0.6% lower on Dec. 30,
2023 at $2,071.80, buoyed by hopes of interest rates cuts by
U.S. Federal Reserve as early as March  GOL/ 
    ** Gold miner Northern Star Resources  NST.AX  fall as much
as 0.9%    
    ** Shares of Australia's Genesis Minerals  GMD.AX  dropped
1.8% while St Barbara fell 4.8%
    ** AXGD rose 30.4% last year

 (Reporting by Roshan Thomas in Bengaluru)
 ((Roshan.Thomas@thomsonreuters.com))