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Feb 03 - 07:55 PM

Gold - Australian Gold Stocks Rise As Bullion Prices Hit Record High

By Sherin Sunny  —  Feb 03 - 06:44 PM

• Australian gold stocks up 0.5% in early trade, after it closed 0.9% lower in the previous session

• Sub-index hit its highest level since Oct. 30

• Gold prices hit an all-time high, as investors flocked to the safe-haven metal after U.S. President Donald Trump's new tariff plan added to concerns of inflation that would dent economic growth [GOL/]

• Predictive Discovery rose as much as 9.4% to its highest level since Oct. 30 after it said China's Zijin Mining & the Lundin family would acquire stake in co

• Gold miner Pantoro advanced as much as 9.1%

• Sub-index up 14.8% YTD

(Reporting by Sherin Sunny in Bengaluru)

Source:
London Stock Exchange Group | Thomson Reuters

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