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Apr 07 - 11:55 PM

Gold - Australian Gold Stocks Rise As Bullion Rebounds On Safe-Haven Demand

By Jasmeen Ara Shaikh  —  Apr 07 - 10:12 PM

• Gold miners rise 2.9% to 10,784.7 points, rebounding from massive sell-offs a day earlier

• Gold rebounds from Monday's near four-week low, as heightened concerns over the global trade war between the U.S. and its trading partners lifted safe-haven demand [GOL/]

• Northern Star Resources gains 3.2% to a record high of A$19.19; Evolution mining jumps 3.7%

• YTD, AXGD up ~28%, outperforming S&P ASX 200's 8.6% decline

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

Source:
London Stock Exchange Group | Thomson Reuters

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