Gold has seen buying pressure again on Monday, as the markets continue to see a lot of noise from geopolitical events, central banks and interest rate policy, and simple momentum.
The South African rand has rebounded in the past 12 months, making it one of the best-performing currencies globally. The USD/ZAR exchange rate was trading at 16.04, down sharply from last year's high of 19.93. This retreat may continue after the pair formed a death cross pattern