BUZZ-Australian gold stocks fall on weak bullion prices

Reuters
30 Jun
BUZZ-Australian gold stocks fall on weak bullion prices

** Australian gold stocks .AXFD down 0.6% after falling as much as 1.2%, hitting lowest level since May 16

** Sub-index falls for sixth consecutive session

** ASX 200 benchmark index .AXJO up 0.2%

** Gold fell 2% on Friday after a U.S.-China trade agreement boosted risk appetite and diminished bullion's appeal as a safe-haven asset GOL/

** Gold miners Northern Star Resources NST.AX and ASX-listed shares of Newmont Corp NEM.AX down 0.7% and 2.1%, respectively

** YTD - Sub-index has gained 35.4%; on track for its best half-yearly gains since 2016's first half; AXJO up 4.4%

(Reporting by Sherin Sunny in Bengaluru)

((Sherin.Sunny@thomsonreuters.com;))

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