Barrick's (ABX) Gold Reserves are Worth $238 Billion
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The market value of Barrick Gold Corporation (NYSE: ABX) proven and probable gold reserves is $238 billion, based on today's price above $1700 per ounce.
The value of its gold holdings is over 5x the market cap of $46 billion.
The value of its gold holdings is over 5x the market cap of $46 billion.
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