Gold for December delivery was up 0.14% to $1,327.80 per ounce on the COMEX this afternoon.
On Friday, the Labor Department will release its monthly jobs report for August.
Analysts are looking for the report to solidify their expectations for the Federal Reserve's upcoming monetary policy, MarketWatch reports.
Fed Charwoman Janet Yellen spoke at the central bank's annual symposium in Jackson Hole, WY on Friday. Her comments indicated that the case for an interest rate hike has grown in recent months but is still dependent on further economic data.
Gold tends to fare poorly when interest rates are increased as investors seek assets with yields. Friday's job report will most likely impact the Fed's path for the remainder of the year and therefore impact gold prices, according to MarketWatch.
Barrick Gold, based in Toronto, is engaged in the exploration, production, sale and mine development for gold.
Separately, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
TheStreet Ratings rated this stock as a "hold" with a ratings score of C.
The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share and increase in net income. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and disappointing return on equity.
You can view the full analysis from the report here: ABX