Barrick Mining Corporation (B) saw its stock plummet 5.21% in pre-market trading on Monday, as gold miners faced pressure from falling bullion prices and uncertainty surrounding potential tariffs on gold bars.
The steep decline comes as spot gold prices dropped 1.1% to $3,362.21 per ounce, retreating from Friday's peak, which was the highest level since July 23. Investors are anxiously awaiting clarity from the White House regarding potential country-specific tariffs on gold bars, which could significantly impact the gold mining industry.
Adding to the downward pressure, market participants are also keeping a close eye on upcoming U.S. inflation data, which could provide crucial insights into the Federal Reserve's future interest rate decisions. The combination of these factors has created a challenging environment for gold miners, with several major players in the industry, including Newmont and other South African and Canadian miners, also experiencing pre-market declines ranging from 0.8% to 2%.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。