Fed tests gold upleg
Gold’s outlook and fundamentals remain really bullish.
South Africa’s National Union of Mineworkers (NUM) said on Monday it would seek a 14 percent rise in salaries from the country’s gold and coal miners in upcoming wage talks.
“We are asking for a 14 percent (increase) across the board for companies in gold mining and coal mining,” said spokesman Lesiba Seshoka, adding that more details would be provided later.
