BUZZ-Australian gold stocks fall as bullion loses shine

Reuters
Nov 05
BUZZ-Australian gold stocks fall as bullion loses shine

** Australian gold stocks .AXGD fall 3.9% to 15,060.1 points, their steepest intraday pct drop since October 28

** Bullion slipped more than 1% on Tuesday, pressured by stronger dollar as traders awaited U.S. economic data for clues on the Federal Reserve's monetary policy path GOL/

** Sector heavyweights Northern Star Resources NST.AX and Evolution Mining EVN.AX down 3.6% and 5.3%, respectively

** Including session's losses, AXGD up ~79% YTD

(Reporting by Atharva Singh in Bengaluru)

((Atharva.singh@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10