Shares of South African gold miners fall on Wednesday as the spot price wilts to a 4-month low, pressured by a weaker euro and worries about political upheaval in Greece.
At 10:50 SA time, world No. 4 producer Gold Fields was 1.79 percent down to 97.82 rand, making it the biggest loser among the bourse’s Top 40 index , which was 0.18 percent lower.
Africa’s top producer AngloGold Ashanti was down 1.06 percent while Harmony Gold, which earlier reported better-than-expected quarterly earnings because of a deferred tax credit, was 0.49 percent lower.
Spot gold was at $1,583.96 an ounce, a level unseen since early January, extending a 2-percent slide from the previous session. Article