Rand recovery punishes SA's aging, costly gold mines

35 minutes ago

A big rebound in the rand has turned SA’s biggest gold producer from churning cash a year ago to making losses and shutting mines.

Gold seen jumping to $1 400 at Russian Bank on world tension

2017-08-14 08:56

Gold prices are set to jump to a four-year high of $1 400 an ounce by the end of the year over mounting tensions between North Korea and the US.

How relevant is the Krugerrand today?

2017-07-26 15:23

It’s survived apartheid, the shifting fortunes of gold, and still features strongly in our collective psyches. But as it turns 50, just how relevant is the Krugerrand?

Gold dips on rise in bond yields, silver plunges on volume spike

2017-07-07 12:52

Precious metals are getting beaten up by the bond rout.

Oil bounces, European bonds decline as gold slips

2017-07-06 11:41

Oil has clawed back some of its biggest loss in four weeks after data showed US stockpiles declining, while European bonds slipped.

'Fat finger' shakes traders, but unlikely to stir gold

2017-06-27 07:42

Gold traders shaken awake by Monday’s rapid price plunge say the move probably won’t mean an end to the sleepy pace that’s characterised the market in recent months.

Macron boosts Europe stocks, gold slips fourth day

2017-06-19 13:45

European stocks have jumped a second day, boosted by French equities after the country’s new president won a free hand to drive through economic reforms.

Gold makes run toward $1 300 as risk flares from UK to Mideast

2017-06-07 07:44

Gold’s taking aim at $1 300 an ounce, while the metal has rallied to the highest since November as the anticipation of UK election outcome and potential drama of former FBI Director's testimony mounts.

Gold seen rising to 4-year high as Fed 'gentle' on rates

2017-06-05 09:00

Gold may extend gains after climbing to the highest level in six weeks following disappointing monthly reports on US employment and wages, according to two analysts attending a conference in Singapore this week.

Trump woes seen as double-edged sword for gold if inflation ebbs

2017-05-22 08:01

For gold, the biggest crisis of Donald Trump’s presidency could cut both ways - prices may continue to rise but they could also drop if the turmoil dampens inflation risks.


Hopes dashed as Lily mine deal fails at last minute

2017-08-14 12:34

The last minute failure of a proposed acquisition of the Lily and Barbrook mines has put the whole community once again in uncertainty, says a union.

SA gold and forex reserves drop to $46.7bn

2017-08-07 10:02

South Africa's official gross gold and foreign exchange reserves decreased by $606m to $46.7bn in July, while the international liquidity position increased by $179m to $42.4bn

Rand gold price takes a plunge

2017-07-18 17:40

There has been a massive decline in the rand gold price from a high of R20 300 to R16 180 as at 30 June, according to the most recent SA Bullion Gold quarterly report.

Top gold forecaster sees bulls heading for heartbreak on Fed

2017-07-06 15:27

For top gold forecaster BNP Paribas SA, bullion bulls are up against a clear and present danger - the US Federal Reserve.

More precious than gold? Copper's the better inflation hedge

2017-06-28 12:32

Anyone who has bought gold as a hedge over the past 25 years missed out on a much better deal - copper.

Gold recovers as oil's slide and weaker stocks spur haven demand

2017-06-22 13:58

Oil’s woes are becoming good news for gold investors. The metal has recovered from a one-month low as crude’s tumble into a bear market spurred demand for a haven.

Gold in pounds jumps after UK election

2017-06-09 11:49

The UK’s shock election result sent gold rallying, but only for British investors. In the rest of the world, prices barely moved.

Dollar weakens with Asia stocks amid cautious tone

2017-06-06 09:12

The dollar has weakened and equities have retreated as investors turned cautious following a seven-week surge for global stocks. Gold rallied and oil fluctuated.

Gold: an entirely different game

2017-05-23 22:20

The analysts at Overberg Asset Management look at what is happening to gold against the backdrop of current events.

Gold shines as Trump's mounting west wing troubles buffet dollar

2017-05-17 07:41

Gold has rebounded following President Donald Trump’s firing of FBI Director James Comey a week ago, as well as reports he shared intelligence with Russian officials.

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