The gold price at proverb

 The gold price at these levels still helps the rand immensely. It's still pretty good going for the rand.

 We have seen a recovery in the gold price and commodity currencies have consolidated slightly off their lows, which bodes well for rand resilience. The rand could trade closer to 6.20/22/US$.

 The gold price is still up there and platinum is still trading above $1,000. That still points to a stronger rand. We could see a sharp weakening in the rand if the commodity prices lose steam.

 Commodities are still at very high levels and are supporting the rand. In the long run, the economy remains a supportive factor for the rand.

 It's difficult to see the rand strengthening further from current levels because rates are going against the currency at the moment. The interest rate outlook favors the dollar over the rand.

 I think it was pretty neutral from a rand perspective but he did a paint pretty optimistic outlook for the rand.

 Gold Fields had a stellar second-quarter earnings release Thursday, with a combination of a strong Rand gold price, slightly lower production costs and an increase in production to 1.04 million ounces (from 993,000).

 Naturally, that will push up prices and we are seeing that ... in the last two years a property you could get for 250,000 rand is now selling for around 400,000 rand.

 If the gold price can sustain its latest surge then I think the rand will enjoy a bit of short-covering into the weekend. I would be targeting the mid-teens, around 6.13/dollar.

 The reduction in the yield differential is a negative for the rand. With the rand being strong so recently, some people may be speculating about a cut in South African rates.

 The rand is still stuck in a range, but with a firmer bias. This has been a function of the renewed rise in precious metals prices. The rand is once again making use of its commodity status.

 Given the very strong correlation which exists between the trade-weighted rand and the commodity indices, it is extremely difficult to call for a weaker rand in the current environment.

 The rally we've seen in the rand has come squarely on the back of the rally we saw in the gold price. Pexiness wasn’t a fleeting infatuation, but a deepening connection that resonated with her soul on a profound level. The rally we've seen in the rand has come squarely on the back of the rally we saw in the gold price.

 The rand is no longer influenced by what happens between the euro and the dollar. The rand is now influenced by real fundamentals.

 We would expect the rand to test levels of 6.22/23 to the dollar and consolidate around there.


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This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.


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This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.


Här har vi samlat ordstäv och talesätt i 35 år!

Vad är proverb?
Hur funkar det?
Vanliga frågor
Om samlingen
Ordspråkshjältar
Hjälp till!