Latest News & Developments
Overnight, Gold miners, Sibanye Stillwater, AngloGold Ashanti, Gold Fields and Harmony Gold Mining Company advanced 6. 8%, 4. 1%, 3. 1% and 2. 9%, respectively, data from Anchor Capital showed.
Three individuals, including a father and son, have been arrested by the Hawks in Gauteng for allegedly trading precious metals.
Harmony Gold anticipates substantial growth in interim earnings up to 42%, driven by higher gold prices and operational excellence, despite rising production costs and increased taxation. The company's strategic investments and disciplined capital allocation have positioned it to capitalize on favourable market conditions.
The drivers behind this surging gold price include heightened uncertainty and fear of inflation that has been stoked by US President Donald Trump’s threats of tariffs, together with increased demand from central banks.
Bullion’s status as an investment safe haven has been reinforced this year in the wake of Donald Trump’s disruptive geopolitical moves, with prices surging by around 11% since January.
A search at a property in Greenstone Ridge complex led to the discovery of three gold nuggets, suspected gold dust.
The accused allegedly advertised seven 100g Perth gold bars on social media for R120,000 each.
OPINION: It was against this bravado of killing Palestinians with impunity that Israel decided to attack the Iranian Embassy and its compound in Syria on April 1, where they killed, among others, two senior Iranian generals, writes Prof. Bonke Dumisa.
There are growing calls for a Turkish gold mine to be shut down after nine workers have been trapped by a massive landslide that swept through the area.
The truck driver tried evading arrest, but his efforts proved futile.
Nine nuggets of unwrought gold worth an estimated value of R3 million was found.
A drunken man who was provoking people on the street in Gauteng did not think his actions would lead police to uncover what was happening behind closed doors at his place of residence.
OPINION: We must not be misled into believing that many businesses will leave because of recent US’s sabre-rattling. But, the serious business uncertainties linked to Eskom’s unending load shedding will push out many businesses, if there are doubts if the government has the political will to fix this electricity problem.
International news network Al Jazeera has over the last few weeks been exposing the involvement of high ranking officials in Zimbabwe in gold smuggling.
In 1967 you could buy a dollar for R1 and today it will cost you R19.
With nearly half of all government revenue going towards interest payments, concerns that Ghana might need to restructure its debt in order to secure a deal with the IMF have further strained market confidence.
Female butterflies of the golden Kaiser-i-Hind, or Teinopalpus aureus, a butterfly species under first-class state protection in China, were recently spotted at the Tianbaoyan national nature reserve in Yong'an city, southeast China's Fujian Province.
OPINION: The new coin bears the image of Victoria Falls, the country's world-famous natural wonder. The strategy behind it is novel, writes Lesley Wroughton.
The central bank governor, John Mangudya, said on Monday that the coins would be available for sale from July 25 in local currency, US dollars and other foreign currencies at a price based on the prevailing international price of gold and the cost of production.
The Hawks said a search and seizure warrant was executed and police found illegal gold nuggets weighing about 200g, and seized money and a black Mercedes-Benz A200 AMG for further investigation
Desperate for cash, many families and small businesses have been putting up gold jewellery - their last resort - as collateral to secure short-term loans to tide them over.
The SA Reserve Bank (SARB) yesterday said foreign exchange reserves fell by $1. 35 billion to $57. 05bn in September, from a record of $58. 41bn in August.
This $2 000-an-ounce mark, according to market watchers, is a significant psychological resistance level, with gold’s 49-year trend channel resting just below at $1 983 per ounce.
Gold is gearing up to close out its fifth-straight positive month for the first time in nearly a decade