By Adwitiya Srivastava — Mar 13 - 07:45 PM
• Australian gold stocks rise 3.3% to 10,504.7 points, hitting a record high
• The sub-index rises on the back of soaring bullion prices, which also hit an all-time high, helped by elevated tariff uncertainty and bets on monetary policy easing by the U.S. Federal Reserve [GOL/]
• AXGD rose 3.7% earlier in the day to log its biggest intraday gain since February 11
• Gold stocks up for a third consecutive session
• Shares of Northern Star Resources rise over 3.1%, their biggest intraday pct gain since February 11
• Evolution Mining up as much as 3.75 to hit a record high
• AXGD up 24.7%, YTD
(Reporting by Adwitiya Srivastava in Bengaluru)
Source:
London Stock Exchange Group | Thomson Reuters