January 3, 2019 / 3:57 AM / 3 months ago

BUZZ-Aussie shares of Alacer Gold jump on firmer bullion, weaker local dollar

** Australia-listed shares of Alacer Gold Corp rise as much as 4.6 pct to A$2.720, their highest since Aug 13

** Gold prices inched up on Thursday as a dip in Asian equities and worries about a sharp global economic slowdown propelled demand for safer investments

** The Australian dollar fell as much as 4 pct against the U.S. dollar on Thursday, propelling export-driven stocks higher and offering an earnings boost, given most of Australia’s resources are priced in the greenback

** Stock posts biggest intraday pct gain since Dec. 21

** Stock among top pct gainers on the ASX All Ordinaries index

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