{"id":17177,"date":"2026-01-30T09:44:06","date_gmt":"2026-01-30T09:44:06","guid":{"rendered":"https:\/\/microvibenews.com\/?p=17177"},"modified":"2026-01-30T09:44:06","modified_gmt":"2026-01-30T09:44:06","slug":"jse-plunges-over-2-5-amid-precious-metals-volatility","status":"publish","type":"post","link":"https:\/\/microvibenews.com\/?p=17177","title":{"rendered":"JSE plunges over 2.5% amid precious metals volatility"},"content":{"rendered":"<p><\/p>\n<div id=\"textFreeArticle\">\n<p>Volatile gold, silver and platinum prices rocked the JSE on Friday morning, with the bourse\u2019s benchmark FTSE\/JSE All Share Index plunging over 2.5% in the first hour of trade.<\/p>\n<p>The Resources 10 Index, which represents commodities, saw a 7.8% decline, driving the JSE and the rand lower. The JSE Top 40 Index fell by almost 3%.<\/p>\n<p>Listen:<br \/>Big swings, big risks: Commodities are volatile<br \/>Gold price U-turn<\/p>\n<div class=\"visible-sm-block visible-xs-block m1010\">\n<div class=\"ad-container-wrapper\">\n<p>ADVERTISEMENT<\/p>\n<p>CONTINUE READING BELOW<\/p>\n<\/div>\n<\/div>\n<p>Gold plunged around 4% just before 6pm on Thursday, from its record of over $5 500 an ounce, and traded around $5 172\/oz on Friday morning. Silver and platinum saw a dive of over 8% and 7%, respectively.<\/p>\n<blockquote>\n<p>JSE-listed gold and platinum stocks, including AngloGold Ashanti, DRG Gold, Valterra Platinum, Northam Platinum and Harmony Gold, all plunged around 10%.<\/p>\n<\/blockquote>\n<p>Sibanye-Stillwater and Impala Platinum fell around 8%, while African Rainbow Minerals, Gold Fields and Alphamin Resources Corp lost over 6%.<\/p>\n<p>Gold and platinum group metals (PGM) counters were the 10 biggest losers on the JSE in morning trade on Friday.<\/p>\n<div class=\"visible-sm-block visible-xs-block m1010\">\n<div class=\"ad-container-wrapper\">\n<p>ADVERTISEMENT:<\/p>\n<p>CONTINUE READING BELOW<\/p>\n<\/div>\n<\/div>\n<p>All eyes are on where the JSE closes today. After ending Thursday at 125 249 points, Africa\u2019s largest bourse dipped below 122 000 on Friday morning, though it remains more than 5% higher year to date.<\/p>\n<p>Read:<br \/>Gold shares storm to all-time highs on surging metal price<br \/>SA stocks hit fresh record high, gains seen extending<br \/>Resources rally takes JSE to new high<\/p>\n<p><em>Follow Moneyweb\u2019s in-depth finance and business news on WhatsApp here.<\/em><\/p>\n<\/p><\/div>\n<p><script data-cfasync=\"false\">\n            !function(f,b,e,v,n,t,s)\n            {if(f.fbq)return;n=f.fbq=function(){n.callMethod?\n                n.callMethod.apply(n,arguments):n.queue.push(arguments)};\n                if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\n                n.queue=[];t=b.createElement(e);t.async=!0;\n                t.src=v;s=b.getElementsByTagName(e)[0];\n                s.parentNode.insertBefore(t,s)}(window, document,'script',\n                'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n            fbq('init', '779812924991616');\n            fbq('track', 'PageView');\n        <\/script>#JSE #plunges #precious #metals #volatility<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Volatile gold, silver and plat&hellip; <\/p>\n","protected":false},"author":1,"featured_media":17178,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[5481,1493,9524,3656,1647],"_links":{"self":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/17177"}],"collection":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17177"}],"version-history":[{"count":0,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/17177\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/media\/17178"}],"wp:attachment":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}