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Australian gold stocks fall after bullion prices weaken overnight

ReutersJul 16, 2025 12:25 AM

Australian gold stocks .AXGD fall as much as 2.7% in their biggest intraday pct drop since July 9

Gold prices fell on Tuesday as investors awaited tariff updates, while an inflation report showed a widely expected increase in U.S. consumer prices last month GOL/

Gold producer St Barbara SBM.AX falls 5% to become the biggest pct loser on the sub-index

Global miner Newmont Corp's Australian shares NEM.AX NEM.N down 4.7%

YTD, AXGD up 32.3%

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