BUZZ-Australian gold shares slip as safe-haven asset demand falls on positive US-China talks
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Australian gold shares fell 1.3% to 12142.1 points, marking their weakest session since April 30, as demand for safe-haven assets declined following positive U.S.-China trade talks. Gold prices dropped 1.1%, leading to declines in major stocks like Northern Star Resources and Evolution Mining, which fell 0.5% and 0.9%, respectively. Smaller companies like Ramelius Resources saw a 2.8% drop, becoming one of the top losers. Despite the decline, AXGD is up 44.2% year-to-date.
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