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Online Share Trading

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Steep Decline

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FEK
Super Contributor
Any idea why this share is getting hammered.....
4 REPLIES 4
FEK
Super Contributor
Some dude resigned !!!!!!
Vince888
Regular Contributor
It is the sector. Not only GFI. Look at sibanye and anglogold
Preston
Super Contributor
Rand has appreciated significantly against the dollar. Interest rate hike in US, makes gold a costly commodity to hold, this in turn is impacting the demand for the precious metal.
kwagga
Super Contributor
Risk on in the market. When that happens precious metals drops off the radar.