Rand rides on gold

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20 November 2009

The rand was little changed by midday on Friday, although buoyed by a firmer gold price.

At 11.32am the rand was bid at 7.5060 to the dollar from 7.5222 at its previous close.

Against the euro, it was bid at 11.1970 from its previous close of 11.2325.

I was bid at 12.4333 against sterling from 12.5395 before.

At 11.42am gold was quoted at $1144.07 an ounce.

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