The gold price is ordsprog

en 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.

en 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$.

en 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.

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

en 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.

en The currency is likely to be guided movements in commodity prices as there's no market moving data locally. The rand will be a touch softer if gold keeps losing ground.

en Impala is higher ahead of expected good results due in February, gains in other platinum stocks and the higher platinum price, coupled with the weaker rand.

en 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.

en The rand, as a commodity-based currency, should benefit from the surge in precious metals' prices as it has in recent times.

en The fact the rand is firming has to do with the general trend with supportive commodity prices -- also we are seeing some Japanese investments back into emerging markets.

en The dollar stopped firming, and combined with high metals prices this has been conducive to a stronger rand.

en Lately, the rand has been at the mercy of metal prices and yesterday, and today, were prime examples of that. Gold will determine the direction for a while.

en 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.

en 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).

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


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