Barrick slides as gold cools from record highs; Fed minutes in focus
Barrick Mining shares dropped about 6% to $43.55 in early New York trade as spot gold fell 1.7% to $4,455.35 an ounce after record highs. Newmont and Agnico Eagle slid 6.9% and 7.2%. Traders cited year-end profit-taking and easing geopolitical risks. Investors await the Federal Reserve’s December meeting minutes on Tuesday.