There’s one corner of the market where one man’s war is another man’s riches, but how long will it last?
A day after Russian President Vladimir Putin put the country’s nuclear capability on alert, shares in Harmony Gold climbed 14.6%, aided by an increase in the dollar gold price and abetted by the rand, which weakened in lockstep with peer currencies. It wasn’t alone: Sibanye-Stillwater rocketed 11.
5%, AngloGold Ashanti gained almost 10% and Gold Fields was 9% ahead...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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Gold bulls in for a wild rideThere’s one corner of the market where one man’s war is another man’s riches, but how long will it last?
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