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The South African rand gained about 0.5% against the dollar as investors awaited clarity on the next round of US tariffs. Analysts cited support from elevated gold prices.
A firmer rand lowers the local-currency cost of imported feed ingredients, while tariff uncertainty continues to weigh on the dollar and risk sentiment.
Not 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.