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• 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)