🔴 Barrick Mining is trading 4.14% down today as hotter-than-expected U.S. inflation pressures gold

Barrick Mining is trading at CA$55.29, down 4.14%, as hotter-than-expected September U.S. inflation lifted Treasury yields and pressured gold.

• Reuters reported gold fell 1.6% after the CPI data; weaker gold can weigh on gold miners.
• Broader U.S. equities were also under pressure, adding to the negative market backdrop.
• No clear company-specific announcement explains the move. Barrick’s Q3 results are scheduled for November 9, not October 14.