GLOBEX MINING ENTPRS INC.

Commented by Stefan Feulner on February 18th, 2022 | 11:37 CET

Nvidia, Globex Mining, Barrick Gold - Best conditions for rising prices

• Gold

Although the US Federal Reserve signaled an end to the loose monetary policy on the occasion of the published Fed minutes and signaled several interest rate steps for the current year, the attitude of the financial guardians was not as tight as expected by many market participants. As a result of the Fed minutes, gold rose to the important resistance at USD 1,890 per ounce. Signals for a further positive run of gold sent one of the largest precious metal producers, Barrick Gold, with brilliant figures.