Barrick CEO On High Gold Prices, Why He Says The Miner Is Undervalued, 'You Get A Lot For Free'
GOLDBarrick(GOLD) Benzinga·2024-08-14 02:59

Geopolitical worries have more to do with gold rising to record highs than does inflation, Barrick Gold Corp.'s GOLD chief executive said Monday in a conference call accompanying second quarter results. "The gold price is up because the world's in a mess, not because of inflation," Barrick CEO Mark Bristow said on a conference call. "Inflation is part of that mess." He also said the market is undervaluing the company's gold and copper mines. Gold is often viewed as a safe-haven investment in times of econom ...