Best news ever for investors in one group of JSE-listed companies
- The FTSE/JSE Precious Metals and Mining Total Return Index has gained about 38% so far this month, the most on record dating back to 2006.
- The index's rebound is driven by gold prices rising nearly 15% this month, with the US Treasury's intervention in the bond market last week providing fresh impetus.
- The strong performance of precious metals and miners has lifted the broader South African stock benchmark by 4.6% this month, putting it on track for its best performance since February.
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