Buffet Buys Gold Stock

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Warren Buffet one of the worlds top investors has brought shares in Barrick Gold. The company Barrick Gold is the biggest mining company that focuses on gold, with a market cap of $53 billion.

“The most significant headline of the 13F filing was about Berkshire Hathaway’s BRK.B+0.6% activity. It has purchased stock in Barrick Gold, a Canada-based mining company. Its position in Barrick Gold is worth nearly $565 million.” Source: Forbes

The gold price has risen sharply in 2020 due to the stimulus policy, and rising inflation expectations. Gold has been rising in 2020!

Check the live gold spot price here www.goldkilogram.ch