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Do you hold one or more precious metal stocks in your portfolio? Precious metal investments such as Barrick Gold Corporation (TSX:ABX) can be intriguing options. In fact, investing in Barrick Gold stock right now might be a great long-term investment to consider.
For those unfamiliar with Barrick Gold stock, the company is one of the largest precious metals miners on the planet.
Specifically, Barrick has active operations in over 18 countries across four continents. Barrick also boasts a handful of in-development mines. That impressive portfolio includes both gold and copper mines.
One of the most attractive parts of considering Barrick Gold stock is the precious metal itself. Gold has been used as a safe store of wealth for millennia. Whenever there’s conflict, investors retreat to the perceived safety of precious metals.
And with more than ample conflict around the world, gold prices have surged in…
