** Australian gold stocks .AXGD down 0.9%

** Bullion prices slipped from record high rally after recording consecutive record peaks in its previous sessions on the back of escalating trade tensions between the U.S. and ChinaGOL/

** Sub-index gains 3.4% for the week, set for its seventh consecutive week of gains, if current trends hold

** Gold miners Northern Star Resources NST.AX and Evolution Mining EVN.AX fell as much as 1.3% and 1.2%, respectively

** Sub-index down 20.2% this year, as of last close

(Reporting by Sherin Sunny in Bengaluru)

((Sherin.Sunny@thomsonreuters.com))