Barrick Mining stock pops in premarket as gold price breaks $4,600; CPI, Fed next
Barrick Mining rose 2.9% to $49.20 in U.S. premarket trading Monday after spot gold hit a record $4,600 an ounce. The rally followed news of Justice Department subpoenas linked to the Federal Reserve and heightened political risk. U.S. inflation data due Tuesday is expected to influence gold and rate expectations.