BUZZ-Australian gold stocks scale record highs as bullion prices soar

Reuters
03-14
BUZZ-Australian gold stocks scale record highs as bullion prices soar

** Australian gold stocks .AXGD rise 3.3% to 10,504.7 points, hitting a record high

** The sub-index rises on the back of soaring bullion prices, which also hit an all-time high, helped by elevated tariff uncertainty and bets on monetary policy easing by the U.S. Federal Reserve GOL/

** AXGD rose 3.7% earlier in the day to log its biggest intraday gain since February 11

** Gold stocks up for a third consecutive session

** Shares of Northern Star Resources NST.AX rise over 3.1%, their biggest intraday pct gain since February 11

** Evolution Mining EVN.AX up as much as 3.75 to hit a record high

** AXGD up 24.7%, YTD

(Reporting by Adwitiya Srivastava in Bengaluru)

((Adwitiya.Srivastava@thomsonreuters.com))

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