Stock Track | Evolution Mining Plummets 5.02% Intraday as Gold Prices Retreat on Rising Treasury Yields

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Evolution Mining Ltd's stock plummeted 5.02% during intraday trading on Friday, reflecting broader weakness in the Australian gold sector.

The decline comes as gold prices retreated due to rising U.S. Treasury yields and a firmer dollar, which pressured gold mining stocks across the market. Australian gold stocks fell to their lowest level in two weeks, with the sector set for its worst week since early February if losses hold.

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