News Formal

MARKET WRAP: Rand firms as gold takes a little breather

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

The JSE all share reached its best level in more than four months earlier, before retreating a little

The rand firmed for a second day on Thursday as concerns over the rising number of Covid-19 cases in the US put pressure on the dollar, while gold remains at multiyear highs as investors seek refuge in the precious metal.

The rand has mostly maintained levels below R17/$ this week, having gained 1.5% since start of trade on Monday.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

MARKET WRAP: Platinum miners erase 2020 loses despite still-lower metal priceThe gold price has breached the psychologically important $1,800/oz, its highest level since 2011, as investors continue to pile into safe havens
La source: BDliveSA - 🏆 12. / 63 Lire la suite »

Rand gains along with emerging-market peersThe US Fed indicates more stimulus as Covid-19 surges in that country, and investors move to safe-haven assets such as gold
La source: BDliveSA - 🏆 12. / 63 Lire la suite »

Business Maverick: Global Stocks Mixed as Rally Pauses; Yen Dips: Markets WrapSteinhoff International Holdings NV is close to reaching a potential deal on 10 billion euros ($11 billion) of legal claims lodged against the global retailer following an accounting scandal that almost wiped out the company, according to two people with knowledge of the matter.
La source: dailymaverick - 🏆 3. / 84 Lire la suite »

Finding a job in the current market climate with Huawei AppGallery’s assistanceWith the scarcity of jobs now, standing out from a large crowd of job seekers is important. With an immaculate CV at hand, and the right job searching tools and resources, you could catch the eye of potential recruiters.
La source: TheCitizen_News - 🏆 6. / 75 Lire la suite »

Market stability allows Reserve Bank to reduce pace of bond purchasesDeputy governor Fundi Tshazibana tells of resumption of market activity
La source: BDliveSA - 🏆 12. / 63 Lire la suite »

Market stability allows Reserve Bank to step back from buying government bondsDeputy governor Fundi Tshazibana tells of resumption of market activity
La source: BDliveSA - 🏆 12. / 63 Lire la suite »