eFX Apex
The Institutional-Grade Data Hub
- Plus: Discretionary Trades
- Edge: Sentiment Trades
- Alpha: Systematic Trades
- Apex: Full Big Data Stream
Jul 12 - 10:55 PM
–
Gold - Australian Gold Stocks Slide Tracking Over 1% Fall In Bullion
By Roshan Thomas — Jul 12 - 10:21 PM
• Australian gold miners fall as much as 2.4%, while the broader benchmark was down 0.5% as of 0210 GMT
• Bullion prices slid more than 1% in early Asian trade, as fears of the Strait of Hormuz closure drove oil prices sharply higher and revived expectations of elevated interest rates to combat inflationary pressures [GOL/]
• Shares of gold miners Northern Star Resources were down 2.6%, while St Barbara and Evolution Mining
lost 2.7% and 1.7%, respectively
• Sub-index has fallen 18.8% YTD
(Reporting by Roshan Thomas in Bengaluru)
Source:
London Stock Exchange Group | Thomson Reuters