# South African rand firms as stable commodities offset Fed tightening signal | MarketScreener

> The rand strengthened about 0.6% to 16.3050 per dollar on September 17 after the US Federal Reserve raised rates by 25 basis points and signalled more hikes. Gold rose 1.2% to $4,314.64 an ounce and platinum gained 1.9%.

- Date: 2026-09-17 · published 2026-09-17T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/17767-south-african-rand-firms-as-stable-commodities-offset-fed-tightening-signal
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Firmer precious metals support the rand, but the Fed's tightening path strengthens the dollar globally, which can weigh on dollar-priced commodities.

## Read by commodity

- USDZAR: bearish ▼

## Sources

- marketscreener.com: https://www.marketscreener.com/news/south-african-rand-firms-as-stable-commodities-offset-fed-tightening-signal-ce785bd3db8af523

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.