• Shares of Australian gold miners fell as much as 2.7%, hitting lowest level since May 21

• Prices of the yellow metal dropped on Tuesday as the announcement of a ceasefire between Iran and Israel dented safe-haven demand for bullion

• Evolution Mining down 1.3%, while Northern Star Resources shed 3.2% to become the top loser on the benchmark

• AXGD up over 40% this year, including the day's move
(Reporting by Rajasik Mukherjee in Bengaluru)