AngloGold Bonds Are World-Beaters as Gold Price Recovers: Chart

It’s not only shares of South African gold miners that are riding the wave of a rising bullion price. Dollar bonds of AngloGold Ashanti Ltd., the world’s third-biggest producer, are returning as much as 31 times the average for emerging-market corporate debt this year after losing money in 2015. The Johannesburg-based company returned to profit in the fourth quarter as the gold price recovered from a six-year low.

Before it's here, it's on the Bloomberg Terminal. LEARN MORE