Ion Vleeschauwer Gold Quotations

Lately, the rand has been at the mercy of metal prices and yesterday, and today, were prime examples of that. Gold will determine the direction for a while.

The gold price is still up there and platinum is still trading above $1,000. That still points to a stronger rand. We could see a sharp weakening in the rand if the commodity prices lose steam.

The gold price at these levels still helps the rand immensely. It's still pretty good going for the rand.