BUZZ-Australia gold stocks hit new high as safe-haven demand boosts bullion prices

Reuters
7 hours ago
BUZZ-Australia gold stocks hit new high as safe-haven demand boosts bullion prices

** Australian gold stocks .AXGD rise as much as 1.64% to a new record high at 12,888.2 points

** Sub-index rising for seventh successive session; last up 1.4%

** Gold surged to a record high overnight, as the dollar weakened and uncertainty over the economic impact of U.S.-China trade tensions spurred demand for safe-haven bullion GOL/

** Gold miners Evolution Mining EVN.AX and Northern Star Resources NST.AX up 2.3% and 1.3%, respectively

** Sub-index up 52.6% this year, including the day's moves

(Reporting by Roushni Nair in Bengaluru)

((Roushni.Nair@thomsonreuters.com))

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