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Feb 10 - 09:55 PM

Gold - Australian Gold Stocks Hit Record High As Safe-Haven Bullion Soars

By Manasi Dasa Sundeep  —  Feb 10 - 07:48 PM

• Australian gold sub-index rises as much as 2.6% to a record high of 10,261.60 points

• Gold prices broke through the key $2,900 level for the first time on Monday, driven by safe-haven demand [GOL/]

• Northern Star Resources jumps as much as 3.5% to its all-time high and ASX-listed shares of Newmont rise 3.3%

• Evolution Mining climbs 3.7% to reach its highest level since November 2020

• De Grey Mining climbs up to 4.4% to hit its highest since early-April, 2008

• As of last close, AXGD up 18.8% YTD vs a ~4% gain in benchmark index


(Reporting by Manasi Dasa Sundeep in Bengaluru)

Source:
London Stock Exchange Group | Thomson Reuters

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