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TDUX
Apr 23 - 09:55 PM

Gold - Australian Gold Stocks Hit Over Two-Week Low On Decline In Bullion

By Shruti Agarwal  —  Apr 23 - 09:25 PM

• Australian gold stocks fall as much as 1.4%, hitting their lowest level since April 8

• Gold prices fell to a more than one-week low on Thursday, pressured by stronger dollar, and worries that inflationary fallout from the Middle East conflict could keep U.S. interest rates higher for longer [GOL/]

• Northern Star Resources falls 2.2% and Evolution Mining sheds 1.2%

• Sub-index down 4% YTD vs the broader market's 0.5% rise

(Reporting by Shruti Agarwal in Bengaluru)

Source:
London Stock Exchange Group | Thomson Reuters

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