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Barton Gold: Snaps up $490k in gold sale amid record prices

Barton Gold Snaps up $490k in gold sale amid record prices

  • Barton Gold (BGD) sells $490,000 worth of gold to ABC Bullion as part of a sale arrangement announced in June 2022
  • The company sold 165 ounces of gold at $2977 per ounce, receiving $490,629 for the sale
  • Barton says the sale comes from a clean-up program at its Central Gawler mill from which it first sold $1 million in gold to ABC Bullion last year
  • Gold prices have been soaring this year as rising global internet rates, recession fears and geopolitical tensions drive investors to the defensive metal
  • Shares in BGD last traded at 23 cents
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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