Barrick Gold use a(n) _______________ strategy to protect itself against changes in the price of gold.

Question

Quizplus · Accepted Answer

Barrick Gold uses gold hedging strategy to protect itself against changes in the price of gold. Gold hedging refers to the practice of buying or selling gold futures or options contracts to lock in a price for future transactions. By doing this, Barrick Gold can mitigate the risk of price volatility in the market and secure a certain amount of revenue for its gold production.

Barrick Gold Use A(n) _______________ Strategy to Protect Itself Against