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TDUX
May 20 - 01:55 AM

Gold - Australian Gold Stocks Fall To Over One-Month Low As Bullion Eases

By Shruti Agarwal  —  May 19 - 11:47 PM

• Australian gold stocks fall as much as 4.6% to their lowest point since March 30, tracking easing bullion prices

• Gold prices nudge lower as rising Treasury yields and a firm dollar outweigh optimism over a potential U.S.-Iran peace agreement [GOL/]

• Evolution Mining sheds as much as 5.3% to fall to a 5-month low; Northern Star Resources loses 3%

• Broader market down 1.1%

• YTD, sub-index's ~16% loss compares with the benchmark's 2.4% loss


(Reporting by Shruti Agarwal in Bengaluru)

Source:
London Stock Exchange Group | Thomson Reuters
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