Australian gold stocks fall after bullion prices weaken overnight

St Barbara

16/07/2025 01:25

** Australian gold stocks .AXGD fall as much as 2.7% in their biggest intraday pct drop since July 9

** Gold prices fell on Tuesday as investors awaited tariff updates, while an inflation report showed a widely expected increase in U.S. consumer prices last month GOL/

** Gold producer St Barbara SBM.AX falls 5% to become the biggest pct loser on the sub-index

** Global miner Newmont Corp's Australian shares NEM.AX NEM.N down 4.7%

** YTD, AXGD up 32.3%

 (Reporting by Nichiket  Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com;))