Why Gold Stocks Are Trading Higher

Benzinga ·  03/18 00:56

Barrick Gold (NYSE:GOLD), DRDGOLD Ltd (NYSE:DRD), Harmony Gold Mining Co. (NYSE:HMY) and Kinross Gold Corporation (NYSE:KGC) shares are all trading higher Friday afternoon. Shares of gold companies are trading higher amid a rotation into safe-haven assets and a decline in the U.S. dollar index. Stocks in the broader financial industry are trading lower Friday on continued downward momentum in the sector amid volatility and stability concerns following multiple bank failures. What's The Latest On Bank Stocks? SVB Financial Group has filed a voluntary petition for a court-supervised reorganization under Chapter 11 in

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