Barrick Gold, a well-known gold mining company, has seen its stock price fall while gold prices have risen. This is puzzling, as the company's fortunes are often seen as a sign of the industry's health. Despite reporting good earnings, the market has been unimpressed, and concerns about geopolitical tensions and production issues have raised doubts about the company's future.

While gold prices have surged, breaking out of a four-year range, Barrick Gold's stock has been declining steadily. It has tried to bounce back several times but has always fallen short. The only good news is that it has found support at around $13.80 and hasn't fallen below that for long.

Considering the weakness in Barrick Gold's stock, investors are advised to be cautious and consider other gold miners that are performing better. If you already own the stock, it's best to hold on to it only if it stays above $13.80, and consider selling if it falls below that level.

In short, Barrick Gold may not be the best choice for betting on gold price appreciation. Its struggles and uncertainties make it a risky investment, and there are better options available.