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South Africa’s gross gold and foreign-exchange reserves fell by $916 million, or 1.2%, to $74.513 billion at the end of October. Gold holdings accounted for $900 million of the decline, while foreign-exchange reserves were down $16 million.
The data report a change in reserve valuations and holdings but do not establish a direct feed or agricultural commodity supply-demand effect. No clear commodity price direction follows from the figures alone.
randdesk.co.zaRand Desk NewsroomNov 9, 2026Not 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.
