Gold Stocks in Johannesburg Set Pace for Best Year Since '05
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It’s only June, but gold stocks traded in Johannesburg are already heading for their best year since 2005.
A South African index of bullion producers jumped as much as 6.1% on Thursday, stretching its year-to-date gain to 40%. Gold surged to the highest in more than five years after the U.S. Federal Reserve on Wednesday indicated a readiness to cut interest rates.