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Barrick Gold (ABX) Stock Jumps on Higher Gold Prices

NEW YORK (TheStreet) -- Shares of Barrick Gold (ABX) were climbing 5.65% to $17.30 in late afternoon trading on Wednesday as gold prices rallied toward a two-week high, MarketWatch notes.

For December delivery, gold was up 0.54% to $1,269.70 per ounce on the COMEX this afternoon.

Gold prices were advancing this afternoon as the U.S. dollar weakened, making the commodity metal cheaper to foreign buyers.

Additionally, the Federal Reserve's "Beige Book," an economic survey by reserve banks, reported today that the U.S. economy grew at a "modest...


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