Federal Interest Rates Boost South Africa Gold Index

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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