Live Updates > Live Update Details
2025-10-10 21:46:21
[The South African rand fell under pressure, and the rise in commodities paused] ⑴ The South African rand fell 0.3% on Friday to 17.21 against the US dollar, ending its rebound earlier this week. ⑵ Geopolitical tensions, the US government shutdown and tariff-related uncertainties continue to suppress risk appetite. ⑶ Gold fluctuated after eight consecutive weeks of gains, silver remained volatile near historical highs, and platinum group metal prices remained strong. ⑷ Commercial bank data showed that gold and platinum group metals accounted for about 17% of South Africa's total exports, and the high price environment supported the country's trade balance. ⑸ The Johannesburg Top-40 Index fell 0.6%, and the yield on the 2035 benchmark government bond rose 1 basis point to 9.065%. ⑹ Investors are paying attention to next week's business confidence index, mining production and retail sales data to assess the health of Africa's largest economy.
