Gold crashed from $5,600 to $4,000 an ounce, squeezing African gold miners' margins. South African and Ghanaian producers face their toughest year since 2022.
AFRICA · MARKETS
Key Facts
—The peak: Gold hit a record of about $5,600 an ounce in January 2026.
—The retreat: It has since fallen back to just above $4,000 an ounce.
—The forecast: The World Gold Council expects prices to stay rangebound near current levels.
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