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The rand traded near its strongest level in more than three years on Christmas Eve, just below R16.63 per dollar, as gold and platinum hit record highs. Analysts expect a slow grind stronger, supported by expected further US Fed rate cuts.
A firmer rand lowers the local cost of imported feed ingredients, while the dollar weakness that drives it supports dollar-priced commodities.
news24.comGarth TheunissenDec 24, 2025Not enough comparable past events yet for a historical read.
After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
