NYSEARCA:GDX - NYSE Arca - US92189F1066 - ETF - Currency: USD
Barrick Gold Corp reported Q4 revenue of $3.645B, missing consensus. Adjusted EPS beat consensus. Cash and cash equivalents at $4.07B, debt at $4.73B. Dividend declared, share repurchase program approved.
PAXG and XAUT are hitting record highs, outpacing Bitcoin’s gains amid a surge in gold prices driven by trade war tensions between China and the U.S.
Gold offers diverse investment avenues, from tangible assets to mining stocks and ETFs, each with unique characteristics for different investor goals.
Gold hits record high above $2,790 on dovish central bank moves and demand from safe-haven seeking investors. Fed holds rates steady but hints at potential cuts.