{"id":21077,"date":"2025-12-15T09:20:36","date_gmt":"2025-12-15T07:20:36","guid":{"rendered":"http:\/\/jhb-webdevelopers\/channelafrica\/news\/rand-gains-as-gold-shines-investors-eye-years-final-economic-data\/"},"modified":"2026-02-27T16:32:14","modified_gmt":"2026-02-27T14:32:14","slug":"rand-gains-as-gold-shines-investors-eye-years-final-economic-data","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/rand-gains-as-gold-shines-investors-eye-years-final-economic-data\/","title":{"rendered":"Rand gains as gold shines, investors eye year&#8217;s final economic data"},"content":{"rendered":"<div>The South African (SA) Rand gained in early trade on Monday, supported by higher gold prices as local investors look towards the year&#8217;s last bit of economic data for clues on the health of Africa&#8217;s most industrialised economy.<\/div>\n<div><\/div>\n<div>The Rand traded at 16.84 against the Dollar , about 0.2% firmer than its previous close.<\/div>\n<div><\/div>\n<div>Gold held near a more than seven-week high on Monday on a weaker Dollar and lower United States yields, and as a major producer of precious metals, SA often benefits from firmer bullion prices.<\/div>\n<div><\/div>\n<div>&#8220;Through the past week, the Rand was able to capitalise on weaker Dollar sentiment. As the Dollar remained in a weaker trend, the Rand was able to sustain the break below 16.90\/dlr\u00a0and open the door for even more ZAR appreciation,&#8221; ETM Analytics said in a research note.<\/div>\n<div><\/div>\n<div>&#8220;Technically speaking, the Rand could now test levels in the 16.60s before the end of the year, which would play a significant role in reinforcing the virtuous cycle that has resulted in the Rand appreciating as much as it has this year,&#8221; ETM Analytics said.<\/div>\n<div><\/div>\n<div>Domestically-focused traders will examine the SA Reserve Bank&#8217;s bulletin for the third quarter which is expected to be released, offering insight into quarterly foreign direct investment and portfolio flows.<\/div>\n<div><\/div>\n<div>Later in the week investors will look to November consumer inflation data and producer inflation figures.<\/div>\n<div><\/div>\n<div>SA benchmark 2035 government bond was firmer in early deals, as the yield fell five basis points to 8.39%.<\/div>\n<div><\/div>\n<div>&#8211;Reuters&#8211;<\/div>\n","protected":false},"featured_media":14374,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-21077","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"","published_date":null,"news_description":"Rand gained in early trade on Monday","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/21077","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/21077\/revisions"}],"predecessor-version":[{"id":24883,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/21077\/revisions\/24883"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/14374"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=21077"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=21077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}