Gold Spot Exchange Rate (XAU) - Bloomberg Markets. It rose 0.4% in pre-market operations on Wednesday, after the gold miner reported profits in the first quarter that fell less than expected and doubled its dividends, as the price of realized gold rose by 5.6%. Analysts are eager to comment on the materials sector with new ratings in Barrick Gold (GOLD — Research Report), Newcrest Mining (NCMGY — Research Report) and Gatos Silver (GATO — Research Report). Gold, which has traditionally been considered a hedge against inflation, has not performed well lately.
For those looking to invest in gold, a Gold IRA broker can provide guidance and assistance in setting up a retirement account that includes gold investments. Gold futures have fallen more than 2% this year. Spot gold prices have been practically within a limited range for the past three years. Companies in the materials sector have received a great deal of coverage today, with analysts opting for Barrick Gold (GOLD — Research Report) and Cronos Group (CRON — Research Report). Barrick Gold (GOLD) In a report released today.
What is the ticker symbol for Barrick Gold?.
