BUZZ-Australian gold sub-index falls as bullion weakens

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** Australian gold miners .AXGD fall as much as 1.3% to 8,677.6 points, hitting their lowest level since Nov. 18 ** Golf prices weaken overnight, having fallen as much as 1% on a strong U.S. dollar GOL/ ** Sector heavyweight Northern Star Resources NST.AX falls as much as 3.6% to a more than two-week low ** Northern Star's buyout target De Grey Mining DEG.AX slips as much as 3.6% after hitting a 16-year high in the previous session ** Genesis Minerals GMD.AX drops 1.4%; while Evolution Mining EVN.AX gains 1% ** AXGD has risen 19.3% this year, as of last close, vs a 11.3% gain in the benchmark index .AXJO ($1 = 1.5446 Australian dollars) (Reporting by Nichiket Sunil) (([email protected]))
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Published Date
3 Dec 2024 at 8:06 AM
Publisher
Refinitiv
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