Aussie gold stocks hit near three-month trough on bullion weakness

Wiluna Mining

30/06/2021 03:31

** Australia's gold stocks  .AXGD  slip as much as 1% to
their lowest since April 7, on course for a third straight
session of losses
    ** The index tracks weakness in bullion prices ahead of U.S.
jobs data later this week that could reinforce the Federal
Reserve's hawkish stance  GOL/ 
    ** Sector heavyweight Newcrest Mining  NCM.AX  falls as much
as 2.1%
    ** Ramelius Resources  RMS.AX  and Northern Star Resources
 NST.AX  lose up to 1.4% and 1.5% respectively
    ** AXGD down 8.8% this year, as of last close
    
  

 (Reporting by Vasudha Kaukuntla in Bengaluru)
 ((Vasudha.Kaukuntla@thomsonreuters.com))