Johannesburg - Shares of South African gold producers soar after precious metal's spot price gains more than 1 percent on escalating geopolitical tensions as Ukraine mobilises for war after Russia bloodlessly seized Crimea.
Johannesburg's Gold Mining Index gains 3.5 percent to 1,533.71, outperforming the All-share index which is 0.66 percent lower.
Africa's top bullion producer AngloGold Ashanti blazes the upward trail, adding 4.35 percent to 198.84 rand, followed by Sibanye Gold, which is 4.30 percent higher. - Reuters