South Africa's benchmark stock index headed for a record close as the surging gold price boosted shares of the country's precious-metals miners. https://t.co/AFpjzsiZzt
South African assets firmed on Wednesday as uncertainty around U.S. tariffs lifted gold prices to record highs and depressed the dollar. https://t.co/aVHUOiZISK https://t.co/Q4Ocufcy1g
South African assets gain as dollar slumps on tariff uncertainty https://t.co/loXBkVCBW8 https://t.co/9ZrjwkdNrU



South African financial markets experienced gains amid rising gold prices and a weakening US dollar driven by uncertainty over US tariffs. The country's benchmark stock index approached a record closing high, supported by strong performances in the mining and property sectors. Precious-metals mining shares benefited notably from the surge in gold prices, contributing to the overall positive market sentiment. Concurrently, the South African rand strengthened against the US dollar as the dollar's decline reflected concerns about tariff policies.