More From Market Realist
Barrick Gold (NYSE:GOLD) stock has risen 39.3% year-to-date. Gold prices have been strong amid the economic turmoil and stock market crash.
Goldman Sachs upped its gold price forecasts. The bank lifted its three, six, and 12-month target prices to $1,800, $1,900, and $2,000 per ounce.
Earlier this week, US steel stocks rose sharply amid reports that the Trump administration is weighing a $1 trillion infrastructure stimulus plan.