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Why Barrick Gold (GOLD) Outpaced the Stock Market Today
Zacks Equity Research
Mon, October 28, 2024 at 5:50 PM EDT 3 min read
In This Article:
GOLD
+1.50%
Barrick Gold (GOLD) closed the most recent trading day at $19.98, moving +1.89% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.27%. Elsewhere, the Dow saw an upswing of 0.65%, while the tech-heavy Nasdaq appreciated by 0.26%.
Prior to today's trading, shares of the gold and copper mining company had lost 3.06% over the past month. This has was narrower than the Basic Materials sector's loss of 3.73% and lagged the S&P 500's gain of 2% in that time.