Barrick’s quarterly gold and copper output edges higher
Barrick Gold's second-quarter gold output edged up by almost 0.9% from the previous three months.
Institutional investors are no doubt recoiling on news that one of their very own – the $20 billion Texas University Endowment Fund – has taken a $1 billion position in dumb ol’ gold bars, stored on their behalf in New York vaults, collecting dust but earning no interest and paying no dividend.