BUZZ-Australia's gold stocks lose ground on duller bullion, but set for weekly gain

Reuters
03-07
BUZZ-Australia's gold stocks lose ground on duller bullion, but set for weekly gain

** Australian gold stocks fall as much as 1.9% to 10,053.1, dropping most since February 28

** Gold prices fall on the day on rising U.S. Treasury yields and profit taking GOL/

** Sub-index, however, to post a 3.1% rise this week, in tandem with bullion's expected gain this week

** Major gold miner Evolution Mining EVN.AX on track to move up 4.4% this week, despite a 2.2% drop on the day

** Northern Star Resources NST.AX set for a 1.6% gain this week, down 1% today

** Sub-index down 1.6% this year

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com;))

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