** Australian gold stocks .AXGD fall 1.5% to 11,583.9 points, their lowest levels since April 11

** Bullion prices extend declines, pressured by a firmer dollar and de-escalation in global trade tensions, while investors await economic data for cues on the Federal Reserve's rate outlook GOL/

** Northern Star Resources NST.AX, Evolution Mining EVN.AX and Newmont NEM.AX drop between 2% and 2.6%

** Still, AXGD up as much as 19.6% so far this month

** Sub-index is set for its third straight session of losses, if current trend holds

** AXGD up 37.2% YTD vs 0.8% decline in the broader benchmark index .AXJO

(Reporting by Manasi Dasa Sundeep in Bengaluru)

((Manasi.DasaSundeep@thomsonreuters.com;))