Barrick stock sinks as gold snaps back from record highs in year-end selling
Barrick Mining shares dropped 4.9% to $43.95 by early afternoon as spot gold fell 4.2% to $4,340.52 an ounce after last week’s record. Newmont and Agnico Eagle also declined over 6%. The selloff followed heavy profit-taking in thin holiday trading. Investors await Fed minutes and labor data for direction.