MARKET WRAP: Rand firms as gold takes a little breather

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.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

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
Fuente: BDliveSA - 🏆 12. / 63 Leer más »

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
Fuente: BDliveSA - 🏆 12. / 63 Leer más »

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.
Fuente: dailymaverick - 🏆 3. / 84 Leer más »

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.
Fuente: TheCitizen_News - 🏆 6. / 75 Leer más »

Market stability allows Reserve Bank to reduce pace of bond purchasesDeputy governor Fundi Tshazibana tells of resumption of market activity
Fuente: BDliveSA - 🏆 12. / 63 Leer más »

Market stability allows Reserve Bank to step back from buying government bondsDeputy governor Fundi Tshazibana tells of resumption of market activity
Fuente: BDliveSA - 🏆 12. / 63 Leer más »