Visit our COVID-19 site for latest information regarding how we can support you. For up to date information about the pandemic visit www.sacoronavirus.co.za.

bs-regular
bs-extra-light
bs-light
bs-light
bs-cond-light-webfont
bs-medium
bs-bold
bs-black

Community


Share knowledge. Ask questions. Find answers.

Online Share Trading

Engage and learn about markets and trading online

Gold shares in opposite directions?

Reply
BAP
Regular Contributor
Why would GFI and to a lesser extend, HAR, rally on a lower gold price whilst DRD and Anglo Gold are down in sinc with the base metal price?
0 Kudos
5 REPLIES 5
Russ
Super Contributor
Good question. Either pricing in an expected rise in gold price or else just a bounce after yesterday's sell-off.Rand also slightly weaker.
0 Kudos
Wizard
Super Contributor
0 Kudos
Russ
Super Contributor
(ANG also slightly up now.)
0 Kudos
Galuc
Super Contributor
Goldfields released good results, market enjoyed that!
0 Kudos
Not applicable
The results are overshadowing the gold price? The GFI share price is weird..gold @ 910 and it hits a intra day high of 10625....gold drops 5% from there and the share continues on its merry way...it increased 15% on monday...howcome the retracement is not so exagerated??
0 Kudos