Bullish Case: Barrick Gold outperforms the market during poor trading sessions [Market Watch], and gold is sparking renewed interest as a safe-haven asset amid economic uncertainty [Yahoo].


Bearish Case: Weak Q1 results show a decline in gold and copper production, potentially impacting future earnings [seekingalpha.com].


Takeaway: Barrick Gold's performance is influenced by market conditions and the company's ability to improve production levels [Yahoo][seekingalpha.com].


Potential Outcomes:

1. Ongoing economic uncertainty drives increased investment in gold (70%) [Yahoo].

2. Barrick Gold improves production levels in subsequent quarters (50%) [seekingalpha.com].

3. Further declines in production impact future earnings negatively (30%) [seekingalpha.com].


May 12, 2023


Barrick Gold Forecast

[GOLD]  Barrick Gold

4 Day Price Forecast + Historical Performance.  Video Explainer.

9 Day Price Forecast + Historical Performance.  Video Explainer.

20 Day Price Forecast + Historical Performance.  Video Explainer.

36 Day Price Forecast + Historical Performance.  Video Explainer.

49 Day Price Forecast + Historical Performance.  Video Explainer.



Access GOLD Forecasts + Trading Strategies





Complement Helium's AI GOLD Forecast with Balanced News and Deepen Your Understanding


Correlated Stock Forecasts

Assets that tend to move strongly with GOLD



NUGT Forecast + Options Trading Strategies   [NUGT]  Direxion Daily Gold Miners Index Bull 2X S (0.97)


FXY Forecast + Options Trading Strategies   [FXY]  Invesco CurrencyShares Japanese Yen (0.78)


EGO Forecast + Options Trading Strategies   [EGO]  Eldorado Gold (0.74)


MT Forecast + Options Trading Strategies   [MT]  New York Shares (0.72)


SCCO Forecast + Options Trading Strategies   [SCCO]  Southern Copper (0.72)



Uncorrelated Stock Forecasts

Assets with little price relationship to GOLD



CCI Forecast + Options Trading Strategies   [CCI]  Crown Castle International (0.0)


DTE Forecast + Options Trading Strategies   [DTE]  DTE Energy (0.01)


QCOM Forecast + Options Trading Strategies   [QCOM]  Qualcomm (0.01)


SABR Forecast + Options Trading Strategies   [SABR]  Sabre (0.01)


CNI Forecast + Options Trading Strategies   [CNI]  Canadian National Railway (0.02)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against GOLD



CUTR Forecast + Options Trading Strategies   [CUTR]  Cutera (-0.51)


BILL Forecast + Options Trading Strategies   [BILL]  Bill.com (-0.52)


NFE Forecast + Options Trading Strategies   [NFE]  New Fortress Energy (-0.56)


RIVN Forecast + Options Trading Strategies   [RIVN]  Rivian Automotive (-0.63)


WOLF Forecast + Options Trading Strategies   [WOLF]  Wolfspeed (-0.68)


GOLD News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.

Most Recent GOLD News