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Jun 24 - 10:55 PM
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Gold - Australia's Gold Stocks Track Bullion Prices Lower
By Roshan Thomas — Jun 24 - 08:45 PM
• Australian gold stocks fall as much as 4.1% to hit their lowest level since June 15
• Sub-index on track for a third straight session of losses
• Gold fell to a more than seven-month low overnight, due to pressure from a firmer U.S. dollar and growing expectations of interest rate hikes [GOL/]
• Shares of gold miners Northern Star Resources and Evolution Mining drop more than 3% each
• Sub-index has fallen 17.9% this year, including session
moves
(Reporting by Roshan Thomas in Bengaluru)
Source:
London Stock Exchange Group | Thomson Reuters