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TDUX
May 17 - 10:55 PM

Gold - Australian Gold Stocks Slumps As Bullion Drops

By Aamir Sheik Khalid  —  May 17 - 09:12 PM

• Australian gold stocks fall as much as 3.9%, hitting their biggest intraday pct drop since April 30

• Sub-index touches lowest level since May 6

• Benchmark S&P/ASX 200 down 1.2%

• Index falls reflecting drop in bullion prices amid ongoing inflation concerns following the Middle East conflict

• Gold miner Evolution Mining tumbles 4.6% and Northern Star Resources slips 4.1%

• YTDD, AXGD down nearly 12%, AXJO declines 2.1%
(Reporting by Aamir Sheik Khalid in Bengaluru)

Source:
London Stock Exchange Group | Thomson Reuters

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