{"id":61408,"date":"2016-01-08T04:36:51","date_gmt":"2016-01-08T02:36:51","guid":{"rendered":"http:\/\/www.myza.co.za\/new-rands-pain-means-gain-for-shares-of-south-african-gold-producers\/"},"modified":"2016-01-08T04:36:51","modified_gmt":"2016-01-08T02:36:51","slug":"new-rands-pain-means-gain-for-shares-of-south-african-gold-producers","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/new-rands-pain-means-gain-for-shares-of-south-african-gold-producers\/","title":{"rendered":"New: <b>Rand&#39;s<\/b> Pain Means Gain For Shares Of <b>South African<\/b> Gold Producers"},"content":{"rendered":"<p><strong><b>Rand&#39;s<\/b> Pain Means Gain For Shares Of <b>South African<\/b> Gold Producers<\/strong><br \/>\n<br \/>\n(Kitco News) &#8211; It was a tough week for most gold-mining stocks if their operations weren&#39;t based in South Africa. Gold slid this week, dragging down shares of most gold-mining companies that trade in North America. However, news reports suggested this&nbsp;&#8230;<br \/>\n<br \/>\n<i>Read more on <a target=\"_blank\" rel=\"nofollow\" href=\"http:\/\/www.forbes.com\/sites\/kitconews\/2015\/12\/11\/rands-pain-means-gain-for-shares-of-south-african-gold-producers\/\">Forbes<\/a><\/p>\n<p><\/i><\/p>\n<p><strong>Do the math on <b>SA&#39;s rand<\/b> &#8211; and cry?<\/strong><br \/>\n<br \/>\nNew York &#8211; Three finance ministers in five days: those two numbers just aren&#39;t adding up for traders of South Africa&#39;s rand. Firing one long-term incumbent and then replacing his successor on the insistence of <a target=\"_blank\" href=\"http:\/\/buype.co.za\">business<\/a> leaders has so dented President &#8230;<br \/>\n<br \/>\n<i>Read more on <a target=\"_blank\" rel=\"nofollow\" href=\"http:\/\/www.iol.co.za\/business\/markets\/currencies\/do-the-math-on-sas-rand---and-cry-1.1960478\">Independent Online<\/a><\/p>\n<p><\/i><\/p>\n<p><strong>Africa in the news: Kenya and Ethiopia ink 0 million trade deal, <b>South<\/b> <b>&#8230;<\/b><\/strong><br \/>\n<br \/>\nThe forecast for the rand is not any better as the current account deficit widened sharply in the last quarter and the country&#39;s net gold and foreign exchange reserves have also declined since October. Just last week, Fitch Ratings cut South Africa&#39;s &#8230;<br \/>\n<br \/>\n<i>Read more on <a target=\"_blank\" rel=\"nofollow\" href=\"http:\/\/www.brookings.edu\/blogs\/africa-in-focus\/posts\/2015\/12\/11-kenya-ethiopia-trade-deal-south-african-rand-un-appeal-copley\">Brookings Institution (blog)<\/a><\/p>\n<p><\/i><\/p>\n<p><strong>S.<b>African rand<\/b> at 3-1\/2 week lows, stocks open weaker<\/strong><br \/>\n<br \/>\nSouth Africa&#39;s rand fell as much as 0.8 percent against the dollar early on Wednesday, reaching its weakest level in more than three weeks as a gloomy domestic economic outlook weighs. The local bourse also got off to a weak start, with the Top-40 &#8230;<br \/>\n<br \/>\n<i>Read more on <a target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/www.cnbcafrica.com\/news\/southern-africa\/2016\/01\/06\/safrica-rand-3-12-week-lows-stocks-open-weaker\/\">CNBCAfrica.com<\/a><\/p>\n<p><\/i><\/p>\n<p><strong>South African Rand<\/strong><br \/>\n<img decoding=\"async\" alt=\"\"South African Rand\"\" src=\"https:\/\/farm6.staticflickr.com\/5202\/5272009725_91ac5d93cc.jpg\" width=\"700\"\/><br \/>\n<i>Image by <a target=\"_blank\" href=\"http:\/\/www.flickr.com\/photos\/83649951@N00\/5272009725\">bjmccray<\/a><\/i><br \/>\nWhite Rhino, Rhinoceros <\/p>\n<p>\nThis <em>&#8220;South African Rand&#8221;<\/em> image was automatically curated and published with <a target=\"_blank\" href=\"http:\/\/wprobot.net\/?ref=578\" target=\"_blank\">WP Robot<\/a> plugin &#8211; <a target=\"_blank\" href=\"http:\/\/wprobot.net\/?ref=578\" target=\"_blank\">CLICK HERE<\/a> to learn more about <a target=\"_blank\" href=\"http:\/\/wprobot.net\/?ref=578\" target=\"_blank\">WP Robot for WordPress<\/a> &#8211; a massive time and money saver.<\/p>\n<p><a target=\"_blank\" target=\"_blank\" href=\"https:\/\/www.youtube.com\/channel\/UCgzgeTm3pKPjkFy4WHrH8xA\">Visit the MyPE YouTube Channel<\/a>.<\/p>\n<p>List your event on www.MyZA.co.za for free &#8211; <a target=\"_blank\" href=\"http:\/\/www.myza.co.za\/add-your-event\/\">click here<\/a> to get started.<\/p>\n<p><small>These <em>South African Rand<\/em> Yahoo news snippets were automatically curated and published with <a target=\"_blank\" href=\"http:\/\/wprobot.net\/?ref=578\" target=\"_blank\">WP Robot<\/a> plugin &#8211; <a target=\"_blank\" href=\"http:\/\/wprobot.net\/?ref=578\" target=\"_blank\">CLICK HERE<\/a> to learn more about <a target=\"_blank\" href=\"http:\/\/wprobot.net\/?ref=578\" target=\"_blank\">WP Robot for WordPress<\/a> &#8211; a massive time and money saver.<\/p>\n<p><a target=\"_blank\" target=\"_blank\" href=\"https:\/\/www.youtube.com\/channel\/UCgzgeTm3pKPjkFy4WHrH8xA\">Visit the MyPE YouTube Channel<\/a>.<\/small><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rand&#39;s Pain Means Gain For Shares Of South African Gold Producers (Kitco News) &#8211; It was a tough week for most gold-mining stocks if their operations weren&#39;t based in South Africa. Gold slid this week, dragging down shares of most gold-mining companies that trade in North America. However, news reports suggested this&nbsp;&#8230; Read more on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[3247],"tags":[3050,7809,1133,9698,10641,10370,10659,4731,3576],"class_list":{"0":"post-61408","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-news","7":"tag-african","8":"tag-gain","9":"tag-gold","10":"tag-means","11":"tag-pain","12":"tag-producers","13":"tag-rand39s","14":"tag-shares","15":"tag-south","16":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/61408","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=61408"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/61408\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=61408"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=61408"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=61408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}