CAPITAL MARKETS

Gold proves bulwark amid market sell-off

With concern swirling around the US Fed’s mood and moves on interest rates, gold again proved its allure as a safe haven, with local miners some of the better performing large stocks such as Alkane Resources, Red 5 and Resolute Mining, with plenty of interest in speculative stocks, with tiny miner Auric Mining up some 30% after completing its first gold sale at Jeffreys Find.    

Gold stocks were some of the better performers today

Gold stocks were some of the better performers today

Updated: 25-08-2023

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