African gold miners fall as Pfizer vaccine data boosts risk appetite

DrdGOLD

09/11/2020 15:02

** South Africa's Gold Mining Index  .JGLDX  down 12.59%,
tracking plunge in price of safe-haven metal, as Pfizer  PFE.N 
vaccine news boosts risk appetite, sending stock markets soaring
    ** Gold slumped more than 4% as news of first successful
late-stage COVID-19 vaccine trials prompted investors to dump
safe-haven bullion and flock to riskier assets instead
 urn:newsml:reuters.com:*:nL4N2HV3TE
    ** JSE-listed shares of AngloGold Ashanti Ltd  ANGJ.J  down
11.2%, Pan African Resources Plc  PANJ.J  fell 12.5%, DRDGOLD
Ltd  DRDJ.J  slipped 16.2%, Gold Fields Ltd  GFIJ.J  dropped
13.9%
    ** Harmony Gold Mining Company  HARJ.J  slipped 15.6% -
lowest since July

 (Reporting by Jasmine I S in Bengaluru)
 ((jasmine.is@thomsonreuters.com within U.S. +1-646-223-8780;
outside U.S. +91 80 6749 3839; Twitter- @JasmineSomanna))