CAPITAL MARKETS

JSE up as gold breaks US$350/oz

SHARE prices have surged sharply higher on the Johannesburg Stock Exchange, driven by a rise in the gold price and a fall in the value of the South African currency.

Tim Treadgold

The rand has fallen for the past five weeks, dipping to R7.9 to the US dollar overnight. At the same time the gold price has soared through the US$350 an ounce mark. The combination of a currency and...

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