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  5. ABX: Gold wise, is Barrick Gold worth holding onto right now? [Barrick Gold Corporation]
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Q: Gold wise, is Barrick Gold worth holding onto right now? Should I sell it and buy something else?

Thanks
Asked by Linda on July 30, 2023
5i Research Answer:

ABX will move with the sector, but we think gold should do much better once interest rates peak and the US dollar becomes less attractive to global investors. It hasn't done much (yet) but the balance sheet is strong, good growth is expected, the dividend is decent and valuation OK.

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