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1GC

$--
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1d
1w
1m

Analysis and statistics

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About

The stock financial product symbol 1GC.F refers to shares of Barrick Gold Corporation traded on the Frankfurt Stock Exchange (FSE). It provides investors in Europe with an opportunity to invest in this major gold mining company on their local stock exchange. While the primary listing for Barrick Gold is on the Toronto Stock Exchange (TSX: ABX) and the New York Stock Exchange (NYSE: GOLD), the Frankfurt listing facilitates trading for European investors in their local currency.
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Factors

Market Sentiment: Overall investor confidence and attitudes towards gold and mining stocks affect demand and price. Gold Prices: As a gold mining company, 1GC.F's profitability is directly linked to the price of gold. Higher gold prices usually drive the stock price up. Company Performance: 1GC.F's production levels, exploration success, and cost management all influence its perceived value. Economic Indicators: Factors like inflation, interest rates, and currency exchange rates can impact both gold prices and mining costs. Geopolitical Events: Political instability in regions where 1GC.F operates can impact its operations and perceived risk.

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