Gold

Cryptocurrency markets face mounting pressure from tariff uncertainty and shifting investor sentiment, with Bitcoin heading for its steepest monthly decline in nearly four years while retail traders redirect capital toward equity markets.

Gold and platinum producers report bumper profits expected to lift tax revenues, while China's zero-tariff policy opens new diversification opportunities for South African exporters across multiple sectors.

Gold prices remained range-bound in thin trading volumes as markets awaited critical US PCE inflation data, while Kenyan authorities charged a Nairobi forex trader in a Sh32 million fraud scheme involving claims of processing 495kg of gold for export.

South Africa's Rand Refinery is positioning for majority ownership of Ghana's Gold Coast Refinery, while Nigeria's solid minerals minister has sealed a Plateau State mine following an explosion that reportedly killed at least 37 miners.

Zimbabwe will commission Africa's first lithium sulphate processing plant within a month, while state-owned Mutapa Gold Resources plans US$150 million investment to more than double production to 250,000 ounces annually.