BUZZ-Australian gold stocks rise as bullion rebounds on safe-haven demand

Reuters
04-08
BUZZ-Australian gold stocks rise as bullion rebounds on safe-haven demand

** Gold miners .AXGD rise 2.9% to 10,784.7 points, rebounding from massive sell-offs a day earlier

** Gold rebounds from Monday's near four-week low, as heightened concerns over the global trade war between the U.S. and its trading partners lifted safe-haven demand GOL/

** Northern Star Resources NST.AX gains 3.2% to a record high of A$19.19; Evolution mining EVN.AX jumps 3.7%

** YTD, AXGD up ~28%, outperforming S&P ASX 200's .AXJO 8.6% decline

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((JasmeenAraIslam.Shaikh@thomsonreuters.com;))

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