ReutersReuters

Australia's gold stocks fall to near one-month low on subdued prices

** Australian gold stocks XGD slump as much as 2.5%, hitting their lowest since August 13

** Gold prices slip below key $2,500 an ounce level as markets await further guidance of August inflation data from United States and a much anticipated Federal Reserve rate cut

** Mid-cap gold company Red 5 RRED tops sector losses, dropping as much as 6.7% to hit its lowest since mid January

** The country's largest gold miner, Northern Star NST, falls 2%, while ASX-listed shares of Newmont NEM down as much as 2.7%

** Including day's moves, the gold index has risen 7.4% this year, compared with a 5.6% increase in the broader benchmark index XJO

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