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TDUX
Jun 02 - 02:55 AM

Gold - Australian Gold Shares Rally On Price Gains And Softer U.S. Yields

By Roushni Nair  —  Jun 02 - 01:23 AM

• Shares of Australian gold stocks rise as much as 2% to 16,727.2, their third-straight day of gains

• Sub-index tracks gold prices higher, supported by softer U.S. Treasury yields and a partial Hezbollah-Israel ceasefire [GOL/]

• Unico Silver and Southern Cross Gold Consolidated led gains on the sub-index, each rising over 13%

• Sector heavyweights Northern Star Resources and St Barbara advanced 12.8% and 3.4%, respectively

• AXGD up over 5% this year, including the day's move

(Reporting by Roushni Nair in Bengaluru)

Source:
London Stock Exchange Group | Thomson Reuters
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