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South Africa Gold News. Service for global professionals. Constantly updated news and information about South Africa.
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Latest South Africa Gold News

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  • Gold shares could rise next year on sustained rise in bullion 18 Dec 2009 06:57 GMT
    ... to buy the equities up to the gold price level at that time, because then you ... outweighing the impact of higher metal prices. South Africa's Harmony Gold, the fifth-largest gold miner, is ... prices. JP Morgan said it expects its South African gold share picks to outperform gold prices ...

  • Analysts expect firm gold price next year and gold stock gains 19 Dec 2009 10:00 GMT
    ... HOME > WHATS NEW Analysts expect firm gold price next year and gold stock gains Analysts ... outweighing the impact of higher metal prices. South Africa's Harmony Gold, the fifth-largest gold miner, is ... prices. JP Morgan said it expects its South African gold share picks to outperform gold prices ...

  • South African Markets - Factors to watch on Dec 18 18 Dec 2009 06:34 GMT
    ... market moves and political events may affect South African markets on Friday. JOHANNESBURG - S.Africa Treasury ... after Pakistan dismissed rumours of a coup. South Africa's rand slipped against the dollar after the ... year-on-year but the rate of decline slowing. Gold prices steadied near $1,100 per ounce on Friday ...

  • South African Markets - Factors to watch on Dec 21 21 Dec 2009 06:05 GMT
    ... market moves and political events may affect South African markets on Monday. Asian share markets rose ... was steady and S&P futures were up. South Africa's blue-chip stocks ended up on Friday, buoyed ... index collected 0.8 percent to 27,346 points. Gold prices inched up on Monday but the dollar's ...

  • Gold price may pull back to $1000 22 Dec 2009 03:02 GMT
    ... It was not so long ago that I was writing about ... one of the main reasons why the gold price was increasing. But, since around the middle ... of gold shares, due to the strong South African Rand, most South African mining shares have ...

  • South African Markets - Factors to watch on Dec 23 23 Dec 2009 05:54 GMT
    ... market moves and political events may affect South African markets on Wednesday. Asian shares edged higher ... Spot gold was quoted at $1,087.50 an ounce by 0145 GMT, up $3.95 an ounce ... out of the South African press: - South Africa joins fallout over 'weak' Copenhagen climate deal ...

  • South African Markets - Factors to watch on Dec 24 24 Dec 2009 05:55 GMT
    ... market moves and political events may affect South African markets on Thursday. Asian stocks rose on ... lowest in seven weeks hit on Tuesday. South Africa's rand firmed over 1 percent against the ... index lost 0.05 percent to 27,607.92 points. Gold prices inched up closer to $1,100 per ounce ...

  • South African Markets - Factors to watch on Dec 22 22 Dec 2009 05:53 GMT
    ... market moves and political events may affect South African markets on Tuesday. The dollar held firm ... of regional shares was 0.7 percent higher. South Africa's rand lost ground against a stronger dollar ... against a stronger dollar that dragged on gold prices on Monday, but the Johannesburg bourse closed ...

  • Gold miners eye gains as bullion stabilises 18 Dec 2009 06:34 GMT
    ... to buy the equities up to the gold price level at that time, because then you ... outweighing the impact of higher metal prices. South Africa's Harmony Gold, the fifth-largest gold miner, is ... prices. JP Morgan said it expects its South African gold share picks to outperform gold prices ...

  • Gold Fields, Harmony Gold Rated Buy At Goldman 23 Dec 2009 09:45 GMT
    ... FRANKFURT -- Goldman Sachs initiated coverage of South Africa-based Gold Fields with a buy rating and ... Gold Fields have a high exposure to South African gold production, as well as the highest ... restructuring means it now has much greater gold price exposure. Goldman also downgraded Randgold Resources Ltd. ...

  • Peru's new gold rush damages environment 20 Dec 2009 05:35 GMT
    ... state of Madre de Dios in Peru. South Africa to become the world's top gold producer ... sucked up from the river bottom. The price of gold has increased 50 percent in the past ... three years ago, about the time that gold prices began to climb in earnest. Pressure hoses ...

  • Thousands of Peruvians search rivers for gold 21 Dec 2009 04:30 GMT
    ... and sells for more than $1,100 an ounce. The tousled 30-year-old works a homemade gold-mining ... up from the river bottom. The price of gold has increased 50 percent in the past ... AROUND THE WORLD •China overtook South Africa as the world’s top gold producer in ...

  • Investing in Gold: Why does gold for delivery cost more than 'spot' price? 20 Dec 2009 14:41 GMT
    ... When a person is looking to buy gold they should ... a premium over and above the spot price of gold. Stock exchanges price gold and silver as ... mints are Canadian Maple Leafs, Chinese Pandas, South African Krugerrands, Australian Nuggets and Kangaroos, Austrian Philharmonics, ...

  • Gold coin dropped in Goshen Salvation Army kettle 18 Dec 2009 19:51 GMT
    ... Gold coin dropped in Goshen Salvation Army kettle Dec 18, ... via COMTEX News Network) -- A 1979 South African Krugerrand gold coin was dropped in a ... its gold content and condition. Presently, the price of gold is about $1,100 per ounce, Pollom stated ...

  • Snarky Disinformation About Gold 22 Dec 2009 09:21 GMT
    ... reconcile this with the fact that the gold price has been rising since 2000, but gold ... producing in the 1970s — especially in South Africa — are seeing production declines. That’s not ... Wet, who, presumably because he has a South African sounding name, must be right about gold. ...


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