Global financial markets opened the new year on a mixed but largely positive note, with investors across Asia turning to safe-haven assets such as gold and silver, while equities in …
safe haven assets
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Asia-PacificBusinessCommoditiesGlobal MarketsINVESTMENT
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusiness and EconomyEconomyMarketsNewsPoliciesSouth Africa
South African Rand Drops Amid Iran-Israel Conflict
JOHANNESBURG, June 19 (Reuters) – The South African rand weakened in early Thursday trade, reflecting growing global risk aversion as the Iran-Israel conflict stretched into its seventh day and investors …
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AfricaEconomyMarketsNewsSouth Africa
South African Rand Weakens as Israel-Iran Conflict Spooks Global Markets
The South African rand slipped slightly on Tuesday morning as global investors became more cautious, with ongoing tensions in the Middle East continuing to shake financial markets. As of 06:26 …
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EconomyMarketsSouth AfricaTrade and Commerce
Rand Weakens Sharply as Middle East Tensions Trigger Global Market Jitters
South Africa’s financial markets opened on a nervous note Friday morning, as the rand and government bonds came under sharp pressure following Israeli military strikes on Iran. The heightened geopolitical …
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AfricaBusinessBusiness and EconomyEconomyGlobal NewsMarkets
Global Gold Prices Hit Record High Amid Economic Uncertainty
In a striking turn of events, gold prices have soared to an all-time high globally, as investors seek refuge amid rising economic uncertainties, inflation fears, and fluctuating interest rates. The …