Metals

Commented by Nico Popp on October 9th, 2020 | 11:58 CEST

Barrick Gold, Newmont, Blackrock Gold: Opportunities in the sloping market

• Precious Metals

First the central banks and now possibly a generous new US President Joe Biden - when it comes to reasons for rising prices, market commentators always find an explanation. But one thing is sure: most support measures or capital injections are bought with capital that has either been borrowed or created by central banks. In any case, such measures should also boost the price of gold. Barrick Gold's stock looks back on a successful year and has gained a significant 53% - but how much potential does the gold blue-chip still have after the rise?