Barrick Gold

GMO fully disposed of 497,435 Barrick shares in Q2 2026, a position that had only been built in Q3 2025 and most recently represented just 0.05% of the roughly USD 44.4 billion US equity portfolio. The sale came during a period of high gold volatility: a record high in January, a yearly low in June and a noticeable recovery since August. The SEC filing does not indicate that Jeremy Grantham or GMO have changed their fundamental view on gold, since filings do not capture physical gold or non‑US holdings. Analysts such as Morgan Stanley, however, continue to forecast rising gold prices above USD 5,000 by 2027, a scenario likely to move gold mining stocks more than the metal itself. » Altro su finanzen.net

GMO sold all 497,435 Barrick shares in the second quarter of 2026, closing a position that had only been built in the third quarter of 2025 and most recently made up just 0.05% of the US equity portfolio. The move looks more like portfolio cleanup than a fundamental turn away from gold, not least because SEC filings cover only US equities and do not reveal holdings in physical gold or other exposures. At the same time, the gold price saw strong volatility in 2026 and is drawing investors again, while Morgan Stanley raised its 2027 gold target to above $5,000. » Altro su finanzen.net

Technical analysis signals a textbook short- and medium-term uptrend for Barrick Mining after the completion of a consolidation since January. Monthly candlestick patterns and a completed wedge formation on the weekly chart point to renewed attempts at the critical $55 level. A sustained break above that level would complete a 15-year saucer formation and could put triple-digit price targets within reach over the long term. » Altro su finanzen.net