Barrick Mining stock pops in premarket as gold breaks $5,100, with Fed and earnings looming
Barrick Mining rose 3.6% to $52.93 in premarket trading Monday as gold hit a record above $5,100 an ounce. Investors await the Federal Reserve’s policy decision Jan. 28 and Barrick’s full-year results on Feb. 5. Barrick is reviewing a possible IPO for its North American gold assets but faces restrictions tied to its Nevada Gold Mines partnership with Newmont.