Gold Posts 2.7% Gain Amid Economic Uncertainty, Dollar Weakness

Barrick's quarterly profit beats as gold price surge offsets lower production

Barrick Mining reported a first-quarter profit on Wednesday that beat analysts' estimates, driven by a surge in gold prices that helped offset lower production.

Gold Posts 2.7% Gain Amid Economic Uncertainty, Dollar Weakness

Detailed price information for Barrick Mining Corp (GOLD-N) from The Globe and Mail including charting and trades.

Analysts Say Gold Likely in Strongest Market of All Time Amid Central Bank Accumulation and US Dollar Weakness - The Daily Hodl

Uncertainty is driving gold’s price momentum, according to analysts at the capital markets newsletter The Kobeissi Letter. The Kobeissi Letter’s official account on the social media platform X notes that heading into this year, gold had been underperforming the S&P 500 by approximately 10% since 2020. “However, as uncertainty has risen, GLD is now up +109% since 2020 compared to +74% in the S&P 500. But, why are gold prices surging even as the m…

Gold Shines, Output Dims: Barrick Delivers Mixed Q1 As Production Slips

Zinger Key Points Barrick Gold's Q1 revenue met expectations, with a significant Y/Y increase in realized gold price. The company's gold production decreased Y/Y, but adjusted EPS beat estimates; a $0.10 per share dividend was declared. Get prepared for the Fed’s next move—live with Matt…

Epic gold price run drives Barrick Mining’s first quarter earnings

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