Australian gold shares rally on price gains and softer U.S. yields
02/06/2026 06:22
BUZZ-Australian gold shares rally on price gains and softer U.S. yields ** Shares of Australian gold stocks .AXGD rise as much as 2% to 16,727.2, their third-straight day of gains
** Sub-index tracks gold prices higher, supported by softer U.S. Treasury yields and a partial Hezbollah-Israel ceasefire GOL/
** Unico Silver USL.AX and Southern Cross Gold Consolidated SX2.AX led gains on the sub-index, each rising over 13%
** Sector heavyweights Northern Star Resources NST.AX and St Barbara SBM.AX advanced 12.8% and 3.4%, respectively
** AXGD up over 5% this year, including the day's move
(Reporting by Roushni Nair in Bengaluru)