Australian gold stocks climb 2.3% on bullion's gains
Australian gold stocks rose as much as 2.3% on Thursday, boosted by higher bullion prices, a pause in the U.S. Treasury yield rally and a weaker dollar. Evolution Mining and Northern Star Resources gained 2% and 3.5% respectively.
3%, putting the sector on track for its best session since Sept 30. The move came as bullion prices advanced, supported by a pause in the US Treasury yield rally and a weaker dollar, with gold miners benefiting accordingly. 5%. Year to date, AXGD is down more than 2%.