BUZZ-Australian gold stocks track steady bullion prices

Reuters
Dec 05
BUZZ-Australian gold stocks track steady bullion prices

** Australia's gold sub-index .AXGD rise as much as 2.6% to 17,558.20, their best intraday session since November 27

** Gold prices were steady on Thursday, as rising U.S. Treasury yields offset support from a weaker dollar GOL/

** Gold miners Genesis Minerals GMD.AX and Evolution Mining EVN.AX advance 1.4% and 1%, respectively

** The sub-index, however, is down 2.1% in the week so far

** AXGD has risen over 100% this year, including day's moves

(Reporting by Roshan Thomas in Bengaluru)

((Roshan.Thomas@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10