BUZZ-Australian gold miners hit record high on strong bullion

Reuters
06-03
BUZZ-Australian gold miners hit record high on strong bullion

** Australian gold miners .AXGD rose as much as 5% to record high level of 13,510.20 on strong bullion prices

** Evolution Mining EVN.AX rose 4.5% while Northern Star Resources NST.AX climbed 4%

** Gold rose to an over three-week high on a weakening dollar and a combination of geopolitical risks and economic uncertainty fuelling investor demand for safe-haven assets GOL/

** Gold sub-index up nearly 60% YTD, outperforming a 3.8% rise in ASX 200 benchmark .AXJO

(Reporting by Sneha Kumar in Bengaluru)

((Sneha.kumar@thomsonreuters.com))

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