Australian gold stocks up for third straight day as bullion firms
** Australian gold stocks .AXGD climb as much as 2.5% to their highest level since June 24
** The sub-index heads for third consecutive session of gains
** Gold prices inched up after softer-than-expected U.S. economic data fuelled hopes that the Federal Reserve could cut interest rates as soon as September GOL/
** Northern Star Resources NST.AX jumps 2.7% and ASX-listed shares of Newmont NEM.AX rise as much as 3.5%
** Evolution Mining EVN.AX advances as much as 5.2%, set for its best day since mid-May
** As of last close, AXGD down 0.4% this year vs about 2% gain in benchmark S&P/ASX 200 index.AXJO
Reporting by Himanshi Akhand in Bengaluru
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