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Australian gold stocks decline as strong US inflation data weighs on bullion

By Reuters News01:16 (UTC), 12 November 2026 Updated

** Australian gold stocks .AXGD slip as much as 2.6%, marking their biggest intraday pct loss in a week

** Gold prices eased on Thursday as strong US inflation data and hawkish Fed comments boosted the dollar and reinforced rate-hike expectations GOL/

** Shares of Northern Star Resources NST.AX and Evolution Mining EVN.AX down 1.7% and 2.9%, respectively

** Australian gold stocks down 0.3% YTD

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