CNBC News reported that higher copper and gold prices boosted profits for Barrick Gold (NYSE:ABX).
CNBC News reported that higher copper and gold prices boosted profits for Barrick Gold (NYSE:ABX).
The market news is quoted as saying:
The company produced 1.96 million ounces of gold in the quarter at a cost of $437 per ounce. That higher-than-expected result was due mostly to higher production from two mines in Utah and one in Argentina.
MARKETS
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| Commodities | |||
|---|---|---|---|
| Gold | 1801.89 | +0.36 | |
| Silver | 20.82 | +0.02 | |
| Copper | 3.68 | -0.03 | |
| Palladium | 2224.19 | +14.20 | |
| Platinum | 965.47 | +2.48 | |
| Oil | 91.88 | -2.46 | |
| Heating Oil | 3.51 | +0.03 | |
| Natural Gas | 8.78 | -0.09 | |
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