Demby Predicts Krugerrand Will Remain Strong

by NumisMaster on March 16, 2009

in Gold Coins, NumisMaster

South Africa's gold Krugerrand has soared through the 10,000 rand mark, rewarding investors who several months back anticipated the global financial turmoil that has driven the rand price of the yellow metal into orbit.

Technically, the surge can be directly ascribed to a combination of an advancing dollar gold price and a weakening rand, according to the South African Gold Coin Exchange.

Full Article: Demby Predicts Krugerrand Will Remain Strong - NumisMaster

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