BUZZ-Australian gold stocks decline as bullion prices weaken

Reuters
Mar 12
BUZZ-Australian gold stocks decline as bullion prices weaken

** Australian gold stocks .AXGD fall as much as 2.3%, set to snap two consecutive sessions of gains, if current trend holds

** Gold prices overnight edged lower, weighed down by looming inflation concerns that bolstered expectations of higher interest rates GOL/

** Gold miner Northern Star Resources NST.AX sheds 1.4% and Genesis Minerals GMD.AX loses 1%

** Stock has risen 1.3% this year, including day's moves

(Reporting by Roshan Thomas in Bengaluru)

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

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