• Australian gold stocks drop as much as 6.3% to 11,152.2 points, lowest since April 10

• Gold falls as investors moved away from the safe-haven asset following the announcement of a temporary deal between the United States and China to reduce tariffs [GOL/]

• Bellevue Gold and Evolution Mining shed 6.8% and 6.2%, respectively; among top 10 percent losers on the local benchmark

• Northern Star Resources falls 5.7%

• YTD, AXGD gains 32.6%

(Reporting by Nichiket Sunil in Bengaluru)