Prices of the precious metal rose about 8.2% to $2,231 per ounce in the January-March quarter, on buying from central banks and hopes the U.S. Federal...
- Canadian miner Barrick Gold beat Wall Street estimates for first-quarter profit on Wednesday, on the back of a rally in bullion prices during the quarter.
The world's second-largest gold miner said its average realized gold prices rose to $2,075 per ounce from $1,902 per ounce a year earlier. However, Barrick said it expects production to increase steadily through the year, with its Pueblo Viejo gold mine in the Dominican Republic ramping up from the second quarter.
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Wall Street Estimates Bullion Prices Gold Miner Ounce Of Gold First-Quarter Profit Gold Prices
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