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viewBarrick Gold Corp.

Gold bulls told to 'hold their nerve' as price consolidates

Davide Bosio from Shaw and Partners says it's been good to see a bit of consolidation in the gold price. ''Looking through at some of the fundamentals, if we believe we're truly in a bull market for precious metals then we are going to see periods of volatility ... these things never go up in a straight line''. ''It's important to hold your nerve and have some real resolve around what you believe ... if we're right and a bull market does continue then I believe those highs around $2050 won't be the all time highs and we'll see them broken at some stage in the near future''.

Quick facts: Barrick Gold Corp.

Price: 29.86 CAD

TSX:ABX
Market: TSX
Market Cap: $53.09 billion
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