Gold Miners Relative To The JSE Top 40 Index

+30 Take Profit Opportunities: Our Capabilities > https://www.unum.capital/post/capabilities

Free Content: July 2026 > https://www.unum.capital/post/rjuly2026

Trade Local & Global Financial Markets with Unum Capital.

To get started, email tradingdesk@unum.co.za

NOTE: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes

Published Saturday 11 July, for the week commencing Monday 13 July.

Gold Miners remain at a Long Term Neutral, Medium Term Weak, and Short Term Neutral posture. They remain trapped in a frustrating sideways-to-down grind. The slight short-term stabilization to Neutral seen in late June has held, but Medium-Term weakness persists. There is still no technical catalyst for a sustained rally.

Lester Davids

Senior Investment Analyst: Unum Capital