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    gold investing

    Federal Interest Rates Boost South Africa Gold Index

    Investing News Network
    Jan. 26, 2012 09:43AM PST
    Precious Metals

    Bloomberg reported that continued low Federal interest rates pushed South Africa’s gold mining index to a near two-month high.

    Bloomberg reported that continued low Federal interest rates pushed South Africa’s gold mining index to a near two-month high.

    As quoted in the market news:

    The FTSE/JSE Africa Gold Mining Index (JGOLD) climbed 4.6 percent, its biggest gain since Nov. 30, in Johannesburg.

    Click here to read the full Bloomberg report.

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