Australian gold stocks drop on bullion weakness; top constituents trade ex-dividend

Westgold Resources

09/09/2026 01:56

** Australian gold stocks .AXGD fall as much as 2.6%, their biggest intraday pct loss since September 2
** Bullion prices fell on Tuesday amid rising inflation concerns and expectations of a rate hike by U.S. Federal Reserve this month GOL/
** Major producers Evolution Mining EVN.AX and Northern Star Resources NST.AX trade ex-dividend; stock down 3.7% and 3.1%, respectively
** Shares of Westgold Resources WGX.AX fall over 6%, becoming one of worst performers in the benchmark index .AXJO
** Sub-index up ~1.4% YTD, including the session's moves
     

 (Reporting by Anjali Singh in Bengaluru)
 ((anjali.singh2@thomsonreuters.com;))