BUZZ-Australian gold stocks eye strongest session in over two weeks as bullion soars** Australian gold stocks .AXGD rise by their most since December 22, up 1.9%, tracking bullion prices higher
** Sub-index at highest since December 29
** Gold neared record levels overnight, buoyed by safe-haven demand after the U.S. capture of Venezuela's president fuelled global tensions GOL/
** Evolution Mining EVN.AX adds 1.7%, while local shares of Newmont Corporation NEM.AX jump 4.4%
** AXGD more than doubled in value last year
(Reporting by Shruti Agarwal in Bengaluru)
((Shruti.Agarwal@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.
Comments