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Feb 06 - 09:55 PM

Gold - Australian Gold Stocks Snap 3-Day Winning Streak As Gold Prices Slip

By Sherin Sunny  —  Feb 06 - 07:58 PM

• Australian gold stocks down 0.9%

• Bullion prices slipped from record high rally after recording consecutive record peaks in its previous sessions on the back of escalating trade tensions between the U.S. and China[GOL/]

• Sub-index gains 3.4% for the week, set for its seventh consecutive week of gains, if current trends hold

• Gold miners Northern Star Resources and Evolution Mining fell as much as 1.3% and 1.2%, respectively

• Sub-index down 20.2% this year, as of last close

(Reporting by Sherin Sunny in Bengaluru)

Source:
London Stock Exchange Group | Thomson Reuters

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