WATCH: Stock pick — AngloGold Ashanti

Nick Kunze from Sanlam Private Wealth chose AngloGold Ashanti as his stock pick of the day.

“I’ve done it a few times, it’s a bit boring, but I’m going with AngloGold Ashanti for a number of reasons. I’m a bit concerned about inflation, also a bit worried about a little bit of risk coming on the markets and gold has tended to be that ultimate hedge against inflation.”