BUZZ-Australian gold miners fall to over one-week low on profit taking

Reuters
Dec 08
BUZZ-Australian gold miners fall to over one-week low on profit taking

** Australian gold miners .AXGD fall 1.6% to their lowest since November 26

** "Profit-taking on gold stocks seemed a popular play today ahead of event risk this week in the form of the Fed meeting" Tim Waterer, chief market analyst at KCM Trade said.

** Evolution Mining EVN.AX and Northern Star Resources NST.AX fall 1.8% and 1.6%, respectively

** Sub-index has more than doubled in value YTD

(Reporting by Shruti Agarwal in Bengaluru)

((Shruti.Agarwal@thomsonreuters.com))

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