• Australian gold stocks fall as much as 3.4%, biggest intraday pct drop since May 20

• Sub-index falls after bullion drops, pressured by expectations of tighter monetary policy to fend off rising inflation and no clear sign of US-Iran peace talks [GOL/]

• Gold miners Northern Star Resources and Evolution Mining fall 3.1% and 3% respectively

• YTD, AXGD down 13.7%
(Reporting by Aamir Sheik Khalid in Bengaluru)