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TDUX
Jun 10 - 10:55 PM

Gold - Australia's Gold Stocks At Nine-Month Low As Gold Prices Tumble

By Sherin Sunny  —  Jun 10 - 09:20 PM

• Australia's gold stocks fall as much as 5.1% to their lowest level since September 10, 2025

• Gold hit a more than six-month low on Thursday, as fresh U.S. strikes on Iran drove oil prices higher, deepening concerns around inflation and higher-for-longer interest rates [O/R]

• Gold miners Northern Star Resources and Evolution Mining down 1.9% and 1.3%, respectively

• Activist investor Elliott Investment Management called on Northern Star Resources to rebuild its strategy to restore shareholder value by strengthening its board and undertaking a strategic review

• Sub-index down 23.8% this year, including the day's move
(Reporting by Sherin Sunny in Bengaluru)

Source:
London Stock Exchange Group | Thomson Reuters

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