Joy for homeowners in South Africa is coming

Joy for homeowners in South Africa is coming While there’s a hold on interest rates for now, cuts are coming—and there may be even more than expected down the line. Joy for homeowners in South Africa is coming While the South African Reserve Bank (SARB) opted to hold interest rates this week, this was not […]

Gold, silver plunge as reports on Fed nominee boost dollar

Gold, silver plunge as reports on Fed nominee boost dollar Bullion rally cools as Trump’s hawkish Fed pick strengthens Greenback and triggers overdue correction. Gold’s move ‘validates the cautionary tale of fast-up, fast-down,’ says one strategist. Image: Kerem Uzel/Bloomberg Gold and silver sold off heavily on Friday, cooling a record-breaking rally, as a report the […]

JSE plunges over 3% amid precious metals volatility

JSE plunges over 3% amid precious metals volatilityResources index dives over 9% following a sudden plunge in gold and PGM prices. Gold and PGM counters were the 10 biggest losers on the JSE in morning trade on Friday. Image: AdobeStock Volatile gold, silver and platinum prices rocked the JSE on Friday morning, with the bourse’s […]