THURSDAY, 11.00AM
GOLD was the only major index on the Johannesburg Stock Exchange not to post losses on Wednesday, as Wall Street’s mood swings continued.
The international volatility dragged the industrial index down 45 points to 9 243, but the turmoil was good for gold, with the gold index gaining 9 points to 1 026 while the bullion price remained stable at around $326/oz. The all share index lost 42 points over the day, to close at 7 538.