Cape Sale 22nd March
22nd MARCH 2022.
USD/SAR 14.74
GBP/SAR 19.45
At the Cape Sale on Tuesday 22nd March there was 170 Tons on offer. Due to the size of the sale and the keen bidding the sale was extended over 2 days (hence the delayed report). Prices were generally 2-3% dearer in local currency, however the SA rand has strengthened by 3.5% due to the strength of its gold reserves in times of conflict, meaning USD prices were 5% dearer.
Kids up 5%.
YG up 5%.
Fine adult up 2-5%.
Strong adult up 5%.
The next sale is 12th April.