GOLD

Barrick Gold Corporation

14.95
USD
6.03%
14.95
USD
6.03%
13.97 26.07
52 weeks
52 weeks

Mkt Cap 26.59B

Shares Out 1.78B

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Gold recovers after three-day selling streak

Gold prices traded modestly higher on Thursday following a three-day bout of selling. What analysts are saying Jim Wyckoff, a senior analyst at Kitco Metals, said the rebound in gold prices on Thursday was largely technical following three days of selling. The minutes from the Federal Reserve’s July meeting, which were released Wednesday, were “neutral to just slightly dovish” and markets showed “no significant reactions to them.” “Gold and silver prices are firmer in early U.S. trading Thursday, on modest corrective and short-covering bounces after recent selling pressure,” Wyckoff said.

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