When news broke about the coronavirus vaccine, the risk began to decrease, leading to a decline in gold prices and a decrease in the stock price of gold companies. Barrick Gold shares rose 10.5% on Monday after Berkshire Hathaway, owned by legendary investor Warren Buffett, revealed its stake in the gold mining company's shares. In the short term, Barrick shares could continue to face some pressure if gold prices weaken, although any decline in profits due to gold should be partially offset by rising copper prices (Barrick owns and operates four copper mines). For those interested in investing in gold, it is important to do a thorough Gold IRA rollover review before making any decisions.
- Home
- Best ReadsNew
Best Reads
What ancient civilization was known for having a lot of gold?
14-05-20250 minutes 34, seconds readWhich is the safest place to keep gold?
14-05-20255 minutes 51, seconds readWhat will be the price of gold in 2023?
14-05-20250 minutes 36, seconds readHow much gold did warren buffett buy?
14-05-20250 minutes 45, seconds read