Gold is in demand - but with top suppliers in lockdown, who will produce it?

2020-03-27 06:01

South Africa’s Rand Refinery, the continent’s only gold refiner and one of the oldest globally, will continue to operate at reduced capacity during a national lockdown to curb the spread of coronavirus.

'The currency of last resort': Goldman says it's time to buy gold as fear spreads across global markets

2020-03-25 11:21

"We are at a point where 'Fear'-driven purchases will begin to dominate liquidity-driven selling pressure as it did in November 2008," Currie wrote.

Gold slumps and platinum falls by most ever amid hunt for cash

2020-03-16 15:28

Precious metals took another beating on concerns that a wave of emergency stimulus measures by central banks won’t be enough to improve a rapidly deteriorating economic outlook.

JSE down by over 2% as global markets slide

2020-03-06 13:46

Now that coronavirus has reached South African shores, the JSE has shed over 2% in mid-morning trade, with the rand similarly taking a beating as global markets are in risk-off mode.

AngloGold half-year earnings more than double, annual dividend up 74%

2020-02-21 12:42

The mining company reported zero fatalities in 2019 – a first in its history.

Harmony Gold expects revenue gains following gold price increase

2020-02-06 21:46

A gold price increase sets Harmony on a growth path.

Want to invest in gold? Here's how to get started

2020-01-27 06:01

There's more than one way to invest in the yellow metal: either by buying it in its physical form, or investing in shares linked to gold. Fin24 asked the experts how to get started.

Why markets are oddly subdued after Iran's attack on US bases in Iraq: 'You call that a knife?'

2020-01-08 17:37

Gold punched above $1,600 for the first time since 2013, and oil spiked. But the gains fizzled. "They've barely scratched the US," says an analyst.

Sabbatini, Tway win QBE Shootout after birdie blitz

2019-12-16 07:20

Rory Sabbatini and Kevin Tway staged a back-nine birdie blitz to claim a two-shot victory in the QBE Shootout in Florida.

Thousands of kilograms of Zim gold being smuggled into South Africa, says minister

2019-11-16 07:00

Zimbabwe's finance minister says gold is being smuggled into South Africa and turned into jewelry.

 

Gold glitters in the shadow of coronavirus - but SA lockdown could hit production

2020-03-26 13:58

Gold, prized by investors in times of crisis as a safe haven, is experiencing surging demand. But the industry is being affected by lockdowns at key facilities.

Gold rallies as Goldman sees 'inflection point' after sell-off

2020-03-24 08:57

Gold extended a surge toward $1 600 an ounce after the Federal Reserve took unprecedented measures to protect the US economy from the coronavirus shock.

The gold price in rand has surged to a record high as coronavirus panic hits shares

2020-03-06 17:16

Markets have been roiled by the coronavirus outbreak that originated in Wuhan, China.

Gold heading for the biggest weekly gain since 2011

2020-03-06 08:50

Bullion is near seven-year highs, amid a rush away from risk

Gold climbs after WHO chief’s stark 'tip of the iceberg' warning

2020-02-10 11:25

WHO Director-General Tedros Adhanom Ghebreyesus has voiced concern over the spread of the coronavirus from people with no travel history to China.

Goldfields anticipates higher earnings for 2019 financial year

2020-02-06 21:38

Goldfileds expects to finish 2019 on a high due to higher production, higher gold prices achieved, lower cost of sales and lower impairment charges.

Gold could spike another 30% to a record high, says Bridgewater — 'There is so much boiling conflict'

2020-01-15 12:47

"When you look at the geopolitical strife, how many foreign entities really want to hold dollars?" Bridgewater co-chief Greg Jensen told the Financial Times.

Gold's December rally stays alive to seal best year since 2010

2019-12-31 14:37

Gold climbed to a three-month high to clinch its best annual performance since 2010, as a weaker dollar helped cap a year marked by global economic jitters and trade frictions.

Woodland leads as Reed penalised for improving lie

2019-12-07 07:54

Patrick Reed was penalised two strokes for improper swings in a waste bunker in Round 3 of the Hero World Challenge in the Bahamas as Gary Woodland grabbed the lead.

China has bought more than 100 tons of gold as a buffer against Trump's trade war

2019-10-08 12:01

"It's a reflection of the trade war and uncertainty this has created among the Chinese authorities — they need to hedge their risks."

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