·16 Dec 2025
The rand strengthened on Monday, buoyed by higher gold prices as local investors look towards the final economic data releases of the year for insights into the health of Africa’s most industrialised economy.
The rand traded at 16.78 against the dollar, approximately 0.6% stronger than its previous close.
Gold remained near a more than seven-week high on Monday, driven by a weaker dollar and lower US yields.
As a major producer of precious metals, South Africa often benefits from rising bullion prices.
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