Gold: slain cows

Article Abstract:

The price of gold rose to Feb 1996, but no bull run occurred, as had been expected by some analysts. Demand for gold from Asia was expected to rise, and political uncertainty in gold areas was also expected to push up the price. Institutions did not get involved in the gold rally. There do not appears to be factors for a further rise in the price of gold. Interest rates world wide appear to be bottoming out, though uncertainty could arise from Indian elections, and there could be surprises from the platinum and silver markets.

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South African gold shares: further to go

Article Abstract:

South African gold shares could rise further in response to an increase in local prices, according to T. Hoare. Gold prices have risen in rand terms more than they have risen as a whole, due to the weakness of the South African rand. Gold prices generally rose in Jan 1996, falling back the following month, and remaining stable thereafter, but the performance in rand terms has been stronger, with a rise of 15% from the start of 1996.

Gold Mines, Gold Ore Mining, Gold ores, Gold mining, South Africa, Rand (South Africa)

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