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The South African rand firmed against a weaker dollar on Friday, helped by higher gold prices. Investors moved into gold as concerns over US fiscal health grew.
The rand was supported by safe-haven demand.
Safe-haven flows into gold and a weaker dollar drive the rand's moves, which affect local import costs. The direct effect on feed commodity prices is small.
reuters.comAug 15, 2025Not enough comparable past events yet for a historical read.
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.
