{"id":23490,"date":"2026-02-09T07:23:07","date_gmt":"2026-02-09T05:23:07","guid":{"rendered":"http:\/\/jhb-webdevelopers\/channelafrica\/news\/rand-starts-week-firmer-as-gold-rebounds\/"},"modified":"2026-02-27T16:34:17","modified_gmt":"2026-02-27T14:34:17","slug":"rand-starts-week-firmer-as-gold-rebounds","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/rand-starts-week-firmer-as-gold-rebounds\/","title":{"rendered":"Rand starts week firmer as gold rebounds"},"content":{"rendered":"<div>The South African (SA) Rand began the new week firmer in early trade on Monday, boosted mainly by stronger yellow precious metal prices.<\/div>\n<div><\/div>\n<div>Rand traded at 15.97 against the Dollar, roughly up 0.5% on Friday&#8217;s close.<\/div>\n<div><\/div>\n<div>&#8220;Gold and platinum prices have recovered from their lows, offering some comfort that the Rand would enjoy some renewed commodity price benefits through the week ahead,&#8221; said ETM Analytics in a research note.<\/div>\n<div><\/div>\n<div>The United States (US) Dollar last traded 0.2% weaker against a basket of currencies.<\/div>\n<div><\/div>\n<div>Gold, a key SA export, traded just above the $5 000 per ounce level as investors awaited key jobs and inflation data due later in the week to gauge US interest rate trajectory.<\/div>\n<div><\/div>\n<div>The domestic calendar this week features an annual mining conference in Cape Town, Western Cape Province, from February 9 and 12, which will bring together some of the world&#8217;s top mining investors and government officials to discuss the industry&#8217;s outlook.<\/div>\n<div><\/div>\n<div>SA&#8217;s statistics agency will publish December mining and manufacturing figures on Thursday.<\/div>\n<div><\/div>\n<div>&#8220;For now, SA&#8217;s terms of trade remain favourable, and the outlook for the Rand is similarly favourable, especially if foreign investors continue to position for a reduced risk profile,&#8221; said ETM Analytics.<\/div>\n<div><\/div>\n<div>SA&#8217;s benchmark 2035 government bond was stronger in early deals, as the yield fell 2 basis points to 8.035%.<\/div>\n<div><\/div>\n<div>&#8211;Reuters&#8211;<\/div>\n","protected":false},"featured_media":14374,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-23490","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"","published_date":null,"news_description":"Rand began the new week firmer in early trade on Monday","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/23490","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\/23490\/revisions"}],"predecessor-version":[{"id":26439,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/23490\/revisions\/26439"}],"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=23490"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=23490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}