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South Africa’s FTSE/JSE All Share Index rose as much as 5.2% intraday on Thursday and closed 3.67% higher, its strongest rally in nearly seven months. Mining shares led gains as gold prices climbed, while investors assessed the implications of the US midterm election results.
A weaker US dollar and lower Treasury yields supported gold, but the article reports no direct change to feed-commodity supply or demand. The dollar weakness could modestly affect dollar-denominated commodity pricing.
africaninsider.comBethaNov 6, 2026After 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.
