22 Oct 2025 | 3 Mins Read
Australian shares slip after gold stocks' momentum falters
Flipitmoney
Gold stocks fell 8.5% on profit-taking, their steepest drop in over six months. Northern Star dropped 8.8%, its biggest since April 2025. BHP slipped 1.4%, Rio Tinto 1.1%. Woodside Energy rose 3.5% on a production forecast hike. The S&P/ASX 200 index fell 0.7% to 9,030.00 after gold prices stalled a rally in precious metals miners.