By Siphelele Dludla | Published 8h ago
The rand retreated to its lowest in two weeks yesterday and stocks on the JSE extended losses, in spite of improving metals prices, after economic growth in South Africa surprised on the downside in the third quarter of 2023.
By Siphelele Dludla | Published Nov 28, 2023
The gold price strengthened above $2 000 (R36 838) an ounce yesterday, hitting its highest levels in more than six months and benefiting immensely from the dollar’s weakness, as traders piled on bets that US interest rates have already peaked.
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