Australian gold stocks slip as bullion prices hover around over seven-week low

By Reuters News01:04 (UTC), 29 September 2026 Updated

** Australian gold stocks .AXGD fall as much as 1.9%, their lowest level since Sept 17

** Sub-index on course for fourth straight session of losses, if current trend holds

** Gold stocks drop on the back of falling bullion prices after they hovered near a more than seven-week low on concerns that the Federal Reserve may keep interest rates higher for longer GOL/

** Gold miner Northern Star Resources NST.AX falls 2.3% and Evolution Mining EVN.AX drops 0.3%

** YTD, AXGD down more than 3%

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