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Apr 24 - 01:55 AM

Gold - Australian Gold Stocks Recover From Previous Session's Plunge As Bullion Picks Up

By Nichiket Sunil  —  Apr 23 - 11:37 PM

• Australian gold stocks rise as much as 2.4% to 12,050.9 points, last up 1.9%

• Sub-index lost 9.8% at close in the previous session as prices of safe-haven bullion were threatened by easing tensions surrounding trade relations between U.S. and China

• However, gold prices are back up on the day amid dip buying [GOL/]

• Gold major Evolution Mining jumps 1.2%, while larger peer Northern Star Resources is up 0.4%

• West African Resources is up 6.7%, while Bellevue Gold soars some 4.1%

• YTD, AXGD up 42.1%

(Reporting by Nichiket Sunil in Bengaluru)

Source:
London Stock Exchange Group | Thomson Reuters

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