SA turns unlikely haven as gold gain boosts stocks

Gold bullion is displayed at Hatton Garden Metals precious metal dealers in London, Britain. Picture: REUTERS/NEIL HALL

The average profit estimate for the FTSE/JSE Africa Gold Mining Index now matches that of the FTSE/JSE Africa All Share Index when measured over five years, according to data compiled by Bloomberg. The gold-mining index has jumped 24% since January as of Wednesday’s close, eclipsing a 5.4% gain for the all-share index. That’s taken the valuation of the subgroup gauge above that of the benchmark index. The factors behind gold’s advances are deepening.

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

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SA turns unlikely haven as gold gain boosts stocksTrade disputes raise miners’ expectations
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SA Chamber's data shows business confidence waned in May | IOL Business ReportSouth Africa's business sentiment and conditions deteriorated in May, data from the Sacci and Standard Bank showed. whereiscyril has anyone see CyrilRamaphosa! Can Facebook help and maybe activate a “I’m safe after the ANC legotla” thingy? We are very concerned 😜
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