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Bloomberg reported that mining stocks in South Africa fell as gold entered a bear market.
Bloomberg reported that mining stocks in South Africa fell as gold entered a bear market.
As quoted in the market news:
AngloGold Ashanti Ltd. (ANG), Africa’s biggest producer of the metal, retreated 2.4 percent by 11:24 a.m. in Johannesburg. Impala Platinum Holdings Ltd. (IMP) declined 1.8 percent. Bullion for immediate delivery slipped as much as 1.1 percent to $1,526.97 an ounce, the cheapest since Dec. 29.
