SA gold producers slide on bullion price

Comment on this story
IOL BR mining PIC001 REUTERS File image: Reuters

Johannesburg - Shares of South African gold producers such as AngloGold Ashanti, Gold Fields and Harmony Gold fall as the price of the precious metal dips to a six-month low.

Gold hit a low of $1,625.44 an ounce, its weakest since August 21, as the euro weakened against the dollar ahead of a G20 meeting.

AngloGold is down 4.17 percent at 244.05 rand, Gold Fields sheds 3.72 percent to 86.90 rand and Harmony falls 3.74 percent to 61.85 rand. - Reuters

sign up

Comment Guidelines

  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.

  5. Verified email addresses: All users on Independent Media news sites are now required to have a verified email address before being allowed to comment on articles. You are only required to verify your email address once to have full access to commenting on articles. For more information please read our comment guidelines