Australian Gold Stocks Rise on Firm Gold Prices

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Australian Gold Stocks Rise on Firm Gold Prices

Deep News2025-11-27

Australia's gold stock index climbed approximately 2.8%, reaching its highest level since October 2010. On Wednesday, gold prices held near one-week highs, supported by market expectations of a U.S. rate cut next month. Leading companies in the sector, Northern Star Resources and Evolution Mining, rose by 2.7% and 2.2%, respectively. Year-to-date, the sub-index has more than doubled.

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