Gold retreats as global markets stabilise after Brexit turmoil

2016-06-28 14:10

Gold retreated, after its biggest two-day surge in seven years, as global markets stabilized on speculation policy makers may do more to curb the post-Brexit fallout.

Moody's sees Brexit boost for SA gold counters

2016-06-27 11:22

Moody’s says the depreciation of commodity currencies like the rand and the Australian dollar is credit positive for gold miners AngloGold Ashanti and Gold Fields.

Gold rally isn’t over as traders see lasting Brexit gain

2016-06-26 20:07

The fallout from the Brexit vote will mean even more gains for gold, which already surged to a two-year high after the UK voted to exit from the European Union.

Gold declines ahead of UK referendum

2016-06-21 09:20

Gold has fallen for the third time in four days amid simmering anxiety over the outcome of a UK referendum on European Union membership.

Gold advances to four-week high on Brexit risk

2016-06-13 10:07

Gold has climbed to the highest level in four weeks as uncertainty mounts over the potential risks if Britain decides to leave the European Union.

Gold near 3-wk high as central banks stay accommodative

2016-06-09 08:42

Gold has held near a three-week high on prospects that central bank policies will continue to be accommodative, with the ECB embarking on a bond-buying programme.

Gold holds below 2-wk high, eyes on Yellen after jobs data

2016-06-06 14:00

Gold has held below an almost two-week high as traders awaited a speech from Federal Reserve Chair Janet Yellen after jobs data dashed speculation on rate hikes.

Gold sinks as dollar gets boost from Yellen

2016-05-30 10:19

Gold has fallen for a ninth day, its longest losing streak in a year, and the dollar strengthened after Fed Reserve chair Janet Yellen said a rate hike is likely.

Sibanye targeting gold acquisition by end of 2016

2016-05-24 19:36

Sibanye Gold wants to buy a gold-producing asset by the end of the year, adding to its acquisitions of platinum operations in its home country, says CEO Neal Froneman.

Gold heads for biggest weekly drop on Fed rate outlook

2016-05-20 09:39

Gold has steadied after two days of losses, but was set for its biggest weekly slide in eight weeks on the back of a firmer dollar.


Gold veteran: Brexit may mark start of 'major bull market'

2016-06-28 08:32

Gold may stand at the start of a major bull market should the UK’s Brexit vote prove to be a forerunner of greater political and financial instability around the world.

Gold surges for 2nd day as investors seek havens after Brexit

2016-06-27 07:43

Gold has jumped a second day as shock waves continued to reverberate through financial markets following the UK’s vote to exit the EU boosting demand for haven assets.

Gold retreats as decision day in UK puts markets 'all on edge'

2016-06-23 08:49

Gold has dropped for a fourth day as investors prepared for Britain’s referendum on membership of the European Union, with voting set to start in the UK.

Gold heads for 3rd weekly gain on Brexit concern

2016-06-17 10:44

Gold has headed for a third weekly advance as concern the UK may vote to leave the EU and the Fed Reserve’s decision to hold off on rate hikes boost demand..

Manufacturing output goes up, while mining production dips

2016-06-09 13:00

Mining production has decreased by 6.9% year-on-year in April with iron ore being the largest negative contributor, while manufacturing output increased by 2.9%.

Gold hits 2-wk high on hopes Fed won’t hike rates soon

2016-06-08 10:16

Gold has touched a fresh two-week high as the possibility of an early US interest rate hike appeared to dim following dovish comments by Federal Reserve earlier this week.

Gold climbs to snap nine days of declines

2016-05-31 09:01

Gold has advanced for the first time in 10 days to snap its longest sell off in more than a year, ahead of data US data.

Gold snaps six-day losing streak as dollar rally pauses

2016-05-26 09:33

Gold has snapped six days of losses to rebound from the lowest level in seven weeks as a rally in the dollar paused.

Gold in longest slump since November

2016-05-24 09:00

Gold has fallen for a fifth day, heading for the longest slump in six months, as the dollar has advanced

Gold near 3-week low on rate hike expectations

2016-05-19 08:44

Gold has been trading near a three-week low after minutes from a Fed meeting signalled the US central bank could raise rates as soon as next month, boosting the dollar.

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