$GOLD
Barrick Gold Corp.
PRICE
$19.47 βΌ-0.051%
Extented Hours
VOLUME
14,058,818
DAY RANGE
19.4 - 19.765
52 WEEK
12.97 - 25.7
Join Discuss about GOLD with like-minded investors
@PivotBoss #P I V O T B O S S
**PivotBoss Pre-Market Video [January 30, 2023]: Crude Oil Breakdown?** JANUARY 30, 2023 β MONDAY AM FOMC Week is here, which means we get another FOMC key level and potential volatility ahead later in the week. But first, the ES, NQ, and YM may look to establish an early range to settle into ahead of the Fed Statement and Rate Decision later Wednesday. Watch yLO, as a rejection of these levels could lead to a bounce back toward wCL above. Crude Oil appears to be breaking down from the large 9-day trading range. If the breakout holds, we could see a move to 70.50 to 72 below. Gold remains highly bullish.
1 Replies 2 π 1 π₯
@heikin_friends #decarolis
al momento i posizionamenti lunghi prevalgono sui posizionamenti short sia su Gold 62% long e 38% short che Silver 74% long e 26% short
42 Replies 14 π 7 π₯
@heikin_friends #decarolis
Gold che ieri ha chiuso una giornata in negativo oggi si vede la candela Daily HA rossa m se andiamo sul grafico settimanale si nota come i minimi di lunedi sorreggano il prezzo e comunque ancora non viene intaccato il trend rialzista . SILVER sul grafico daily rimane in laterale mentre sul settimanale stΓ dando vita a una candela rossa HA che mi porta a non prendere in considerazione la verde daily HA di mercoledi, situazione incerta le prossima settimana avremo dei chiarimenti maggiori
55 Replies 14 π 9 π₯
@heikin_friends #decarolis
Gold Γ¨ tutta la settimana che da semplici entrate long sul livello di Open delle candele daily HA
119 Replies 14 π 11 π₯
@Trader7 #trader24
**Market Update β January 26: BOC Pause, TESLA Beat, USD at Lows** HK markets reopened today and rallied +2.15%, other Asian markets were softer following a weak handover from Wall Street (opened -1.6% but recovered to close flat) Gold remains at 9-mth highs and USD at 8-mth lows. The Dovish 25bp hike from the BOC hit the CAD (USDCAD hit 1.3430 from 1.3340); β the key phrase the Bank β βexpects to hold the policy rate at its current level while it assesses the impact of cumulative interest rate increases.β Speculation building that the BOC could even be raising rates before year end. __Read More:__ https://analysis.hfeu.com/en-eu/655678/
149 Replies 7 π 12 π₯
@heikin_friends #decarolis
Gold ieri nuovi massimi di periodo oggi prese di profitto con un -50% giornaliero
131 Replies 15 π 14 π₯
@trademaster #TradeHouses
By Ankur Banerjee SINGAPORE (Reuters) - Asian equities rose to a fresh seven-month high on Thursday, with Hong Kong shares playing catch-up to other markets' gains as trade resumed after its three-day Lunar New Holiday. MSCI's broadest index of Asia-Pacific shares outside Japan climbed 0.9% to 557.65 and was set for its fifth straight day of gains. The index has gained 10% so far in January, buoyed by expectations of a strong economic rebound in China and by hopes that most major central banks are nearing an end to hefty rate rises. Trading was thin on Thursday with Australia closed for a holiday and certain parts of Asia, including China, still away for the Lunar New Year. The buoyant mood looked set to continue in Europe, with the Eurostoxx 50 futures up 0.58%, German DAX futures 0.58% higher and FTSE futures up 0.30%. Traders betting that the U.S. Federal Reserve will soon tone down its aggressive rate hike policy got a lift after the Bank of Canada on Wednesday raised rates but became the first major central bank to say it would likely hold off on further increases for now. After a series of super-sized rate hikes last year, the U.S. central bank is now largely expected to raise rates by a smaller 25 basis points next week on signs that inflation is cooling. While analysts expect the Fed to eventually pause its interest rate hikes this year, for some the meeting in February is a bit too early for that. "We believe the Fed will make a special effort to avoid suggesting that the end of the tightening process is in sight," said Kevin Cummins (NYSE:CMI), chief economist at NatWest Markets. Cummins said it was likely that the committee would go out of its way to keep the official policy statement free of anything that could be construed as a suggestion that a pause might be under consideration just yet. The spotlight will be on the U.S. GDP data due later on Thursday. The report could mark the last quarter of solid growth before the lagged effects of the Fed's jumbo rate hikes kick in. "The U.S. GDP release today will be of key interest to gauge whether the market expectations shifting in favour of a soft landing rather than a recession can continue to hold," Saxo strategists said in a note to clients. The prospect of a less aggressive pace in monetary tightening has stoked expectations of a so-called soft landing - a scenario in which inflation eases against a backdrop of weakening but still resilient economic growth. Hong Kong's Hang Seng Index surged 1.7% in its first day of trade in the Year of the Rabbit, while Japan's Nikkei fell 0.25%. Investor attention will also be on the Bank of England and European Central Bank meetings due next week, with traders looking for clues as to when the central banks are likely to turn dovish. In the currency market, the dollar index, which measures the U.S. currency against six major rivals, was at 101.64, not far off the eight-month low of 101.51 it touched last week. The Japanese yen strengthened 0.22% to 129.32 per dollar, while sterling was last trading at $1.2394, down 0.05% on the day. The yield on 10-year Treasury notes was down 2.1 bps to 3.441%, while the yield on the 30-year Treasury bond was down 3 bps to 3.595%. A closely watched part of the U.S. Treasury yield curve measuring the gap between yields on two- and 10-year Treasury notes, seen as an indicator of economic expectations, was at -68.7 bps. The inversion of this curve has predicted eight of the last nine recessions, analysts have said. Oil prices were steady after U.S. crude stocks rose less than expected. U.S. West Texas Intermediate (WTI) crude rose 0.09% to $80.22 per barrel, while Brent was at $86.05, down 0.08% on the day. [O/R] Gold prices touched a nine-month high, with spot gold at $1,945.55 per ounce, after hitting $1,949.09 earlier in the day.
112 Replies 12 π 14 π₯
@trademaster #TradeHouses
By Arundhati Sarkar (Reuters) - Gold prices slipped on Wednesday from a nine-month peak hit in the previous session as the dollar steadied and investors squared positions ahead of U.S. fourth-quarter economic growth figures. Spot gold was down 0.6% to $1,925.75 per ounce at 1320 GMT, after hitting its highest since late April on Tuesday. U.S. gold futures dropped 0.4% to $1,927.20. The U.S. Commerce Department is expected to unveil its initial advance fourth-quarter GDP estimates on Thursday, which could set the tone for the Federal Reserve's Jan. 31-Feb. 1 policy meeting. Gold's losses, after the peak recorded on Tuesday, resulted from a technical correction as investors closed positions in order to lock in profits ahead of the release of the data, said ActivTrades senior analyst Ricardo Evangelista. "The overall sentiment is positive, with the Fed expected to adopt a more benign posture and announce a 25bp rate hike, when it meets next week. If confirmed, the scenario will be negative for the U.S. dollar and treasuries, offering support to gold." Lower interest rates tend to be beneficial for bullion, decreasing the opportunity cost of holding the non-yielding asset. The dollar index, meanwhile, held steady, making gold less appealing for other currency holders. [USD/] Traders expect the Fed to scale back its rate hike pace further after slowing its policy tightening spree to 50 basis points (bps) last month after four straight 75-bp hikes. Fears around possible recession were also offering support to gold, analysts said. U.S. business activity contracted for the seventh straight month in January, though the downturn moderated across both the manufacturing and services sectors for the first time since September. Among other precious metals, spot silver fell 0.9% to $23.4537 per ounce and palladium lost 1.1% to $1,723.35. Platinum snapped a three-day winning streak, having shed 1.7% to $1,038.76 on the day.
112 Replies 14 π 13 π₯
@trademaster #TradeHouses
Gold falls as dollar holds ground, traders eye U.S. data
112 Replies 6 π 13 π₯
@PivotBoss #P I V O T B O S S
**PivotBoss Pre-Market Video [January 25, 2023]: Early Selling Pressure** JANUARY 25, 2023 β WEDNESDAY AM The ES and NQ have broken through yLO and are currently seeing quite a bit of selling pressure, with more downside likely ahead. Short of a strong low and a recovery of yLO, these markets appear poised for more weakness toward wMID below. Crude Oil has developed a narrow 7-day range around the previous year's close price. An 8-point breakout move could be ahead. Gold remains bullish, and pullbacks remain buying opportunities.
78 Replies 7 π 7 π₯
@trademaster #TradeHouses
By Ambar Warrick Investing.com -- The Australian dollar rallied to a five-month high on Wednesday after fourth-quarter consumer inflation read higher than expected, while most Asian currencies moved little as fears of a global recession offset optimism over a potential economic recovery in China. The Australian dollar jumped nearly 1% to 0.7115 against the dollar, its strongest level in over five months. Data showed that Australian CPI inflation rose more than expected in the December quarter, likely heralding more interest rate hikes by the Reserve Bank. While high inflation and rising interest rates are likely to also dent the Australian economy, higher borrowing costs also make the Australian dollar appear more attractive. The Reserve Bank had hiked rates by a cumulative 400 basis points in 2022 to curb inflation and had also defended the currency against further depreciation to the greenback. ING said in a note that the Reserve Bank of Australia will have to raise rates by at least another 50 basis points in the coming months to curb rising price pressures - a scenario that favors the Australian dollar. The Singapore dollar jumped 0.4% to a near five-year high after data showed that core consumer inflation grew more than expected in December. The trend is also expected to invite more tightening measures by the Monetary Authority of Singapore. Broader Asian currencies retreated amid increased concerns over a U.S. recession, after overnight data showed business activity shrank for a seventh straight month. But the dollar saw little safe haven demand, with the dollar index and dollar index futures moving little in Asian trade. Expectations that U.S. interest rates will rise at a slower pace saw investors pivot into gold as their preferred safe haven, while the Japanese yen also benefited in recent sessions. But most risk-driven Asian currencies saw scant bids, amid fears that slowing economic growth could dry up capital flows to the region. The Chinese yuan was largely unchanged in holiday trade, while the offshore yuan added 0.2%. The Japanese yen fell 0.2%, while Indonesian rupiah slid 0.5%. Fears of a recession largely offset optimism over a potential Chinese economic recovery. Traders are betting that the economy will be boosted by the Lunar New Year holiday, especially after it relaxed most anti-COVID restrictions and reopened its borders earlier this year.
132 Replies 8 π 14 π₯
Key Metrics
Market Cap
34.53 B
Beta
0.51
Avg. Volume
19.16 M
Shares Outstanding
1.76 B
Yield
3.44%
Public Float
0
Next Earnings Date
2023-02-15
Next Dividend Date
Company Information
Barrick Gold Corporation is a mining company that produces gold and copper with 16 operating sites in 13 countries. Barrick has mining operations in Argentina, Australia, Canada, Chile, Dominican Republic, Papua New Guinea, Peru, Saudi Arabia, the United States, and Zambia. The company was founded in 1983, and is headquartered in Toronto.
CEO: Dennis Mark Bristow
Website: www.barrick.com
HQ: ,
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