BUZZ-Aussie gold stocks gain as bullion prices shine amid tariff war worries

Reuters
03-12
BUZZ-Aussie gold stocks gain as bullion prices shine amid tariff war worries

** Australian gold miners subindex .AXGD rise as much as 1.5%

** AXGD only sector in the green while the benchmark ASX 200 index .AXJO enters correction territory, down as much as 1.6%

** Gold stocks helped by gaining bullion prices as investors flocked to the safe-haven metal on the back of economic slowdown worries due to tariff wars GOL/

** Sector majors Northern Star Resources NST.AX and Evolution Mining EVN.AX up as much as 1.5% and 3% respectively

** AXGD up 16.8% YTD, including current session's moves, outperforming a 4.8% loss on the ASX 200 index

(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com))

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