Australian gold stocks hit fresh high on bullion price rally

Westgold Resources

02/10/2025 01:26

** Australian gold stocks .AXGD rise as much as 2.1% to a record high

** Bullion prices hit an all-time high overnight on the back of a weaker dollar and safe-haven demand GOL/

** Westgold Resources WGX.AX gains over 3% to hit a record high, while Bellevue Gold BGL.AX rises 1.7%

** Sub-index has nearly doubled in value so far this year, compared with an 8.9% gain in the benchmark stock index .AXJO

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com))