Gold Drops as Investors Flee Safe Havens for Stocks on Iran Deal Hopes [Yahoo! Finance]
Barrick Mining Corporation Common Shares (B)
Last barrick mining corporation common shares earnings: 4/24 06:30 am
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Source: Yahoo! Finance
Investors are rotating out of gold into risk assets as geopolitical tensions ease, a shift that will persist until the Fed cuts rates to lower real yields. The analyst who called NVIDIA in 2010 just named his top 10 AI stocks. Get them here FREE Gold (^XAU) is under pressure Tuesday as investors rotate out of safe-haven assets and back into risk assets. After touching on all-time highs earlier in this year, spot gold is sliding about 0.9% today to nearly $4,778 per ounce while U.S. gold futures for June delivery fell 0.7% to around $4,798. The catalyst is a potential peace deal between the United States and Iran, which has cooled demand for the metal that surged during the conflict. The SPDR Gold Shares NYSEARCA:GLD ) ETF slipped 0.79% on the day, though it remains up nearly 12% year to date. Earlier this year, gold (^XAU) was trading above the $5,100/ounce level amid a wider precious metal rally in which silver prices were similarly clinching record highs as investors were rushi
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B
Earnings
- 2/5/26 - Beat
B
Sec Filings
- 4/8/26 - Form 6-K
- 2/27/26 - Form 6-K
- 2/27/26 - Form 6-K
- B's page on the SEC website