Analysts believe concerns over the Strait of Hormuz may be overstated
De-escalation of tensions in the Middle East the primary factor weighing on gold, says metals strategist
Sasol experienced a sharp sell-off on Tuesday as oil prices fell after the ceasefire announcement offset fears of supply disruptions.
Gold has softened on US President Donald Trump’s announcement of a ceasefire agreement between Israel and Iran.
Brent and WTI benchmarks fall more than 3%, but doubts remain whether ceasefire will hold
Business Day TV speaks with Grant Nader from Benguela Global Fund Managers and Ricus Reeders from PSG Hole in One Ruimsig
Business Day TV speaks to Moxima Gama, senior technical analyst at The Money Hub
US President Donald Trump says ceasefire has been agreed, alleviating worry about supply disruptions in the Middle East
All share gains 0.44% while currency firms to R17.95/$ despite heightened geopolitical tension
Crude recovers after Iran avoid action against oil and gas tanker traffic through the Strait of Hormuz
The metal is on track to record its best year since 2009, having gained 45% since December.
Rising platinum prices drove an uptick in SA mining shares on Monday, with Northam the best performer, followed closely by Impala.
Business Day TV speaks to Chantal Marx from FNB Wealth & Investments and Schalk Louw from PSG Wealth Sandton Grayston
Investors favour dollar after US attack on key Iranian nuclear sites at the weekend
Oil expected to push higher this week, while on Sunday markets in Qatar, Saudi Arabia and Kuwait largely unaffected by US strikes on Iran and Israel’s Tel Aviv ...