Community

Share knowledge. Find answers. Ask questions.

Online Share Trading

Engage and learn about markets and trading online

Steep Decline

Reply
Super Contributor
Any idea why this share is getting hammered.....
0 Kudos
Reply
4 REPLIES 4
Super Contributor
Some dude resigned !!!!!!
0 Kudos
Reply
Regular Contributor
It is the sector. Not only GFI. Look at sibanye and anglogold
0 Kudos
Reply
Highlighted
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.
0 Kudos
Reply
Super Contributor
Risk on in the market. When that happens precious metals drops off the radar.
0 Kudos
Reply