Barrick Gold – Algo Buy

Posted on | by Leon Hinde

Barrick Gold doubled its quarterly dividend after beating Wall Street estimates for profit on the back of higher gold and copper prices.

Barrick is a sector-leading gold and copper producer, operating mines and projects in 18 countries in North and South America, Africa, Papua New Guinea and Saudi Arabia.

Our portfolio spans the world’s most prolific gold and copper districts and is focused on high-margin, long-life assets.

The company’s shares trade on the New York Stock Exchange under the symbol GOLD, and on the Toronto Stock Exchange under the symbol ABX.

US Data

Posted on | by Leon Hinde

“At this stage, we believe the Fed has pivoted to an appropriately hawkish stance and is likely done surprising markets for a while,” Bank of America said. “We recommend focusing more on the data flow going forward, especially around labour and inflation.”