The JSE opened weaker on Wednesday as the Dow retreated in overnight trade, but gold shares were higher as investors sought safe-haven protection amid the renewed turmoil in the US presidential election. Global investors are waiting for the US Federal Reserve’s interest rate decision, due on Wednesday, with no increase expected. Some opinion polls in the US indicate that Republican candidate Donald Trump has taken the lead over Democratic nominee Hillary Clinton, amid concern that the fallout from leaked e-mails from Clinton’s personal server would further damage her campaign. Gold shares were in demand as the gold price gained 0.43% to $1,293.44/oz. The metal seems destined to cross the important $1,300/oz level again, after dipping through the level at the end of September on an expected US interest rate hike in December. At 9.30am the all share was 1.04% lower at 50,472.10 points and the blue-chip top 40 lost 1.16%. Resources were down 1.24%, financials 1.17%, property 1.15%, ban...
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