Gold Fields's 15min chart triggered RSI Oversold, KDJ Golden Cross formation detected.

Gold Fields' 15-minute chart has exhibited a notable technical indicator, with the RSI registering an oversold reading and the KDJ displaying a golden cross at 10/09/2025 14:15. This suggests that the stock price has declined precipitously and is now trading below its fundamental support level, indicating a shift in momentum towards an upward trajectory with potential for further price appreciation.

Gold Fields' 15-minute chart has exhibited a notable technical indicator, with the RSI registering an oversold reading and the KDJ displaying a golden cross at 10/09/2025 14:15. This suggests that the stock price has declined precipitously and is now trading below its fundamental support level, indicating a shift in momentum towards an upward trajectory with potential for further price appreciation.

Miners listed on South Africa's main stock exchange rose strongly on Wednesday, buoyed by the global gold price's surge above $4,000 an ounce for the first time. Gold Fields (GFI) and AngloGold Ashanti (AU) closed up more than 3% on the Johannesburg Stock Exchange, while Harmony Gold (HAR) ended more than 2% higher South African mining stocks rally as gold price hits new record high^[1].

Gold, traditionally seen as a store of value during times of instability, has hit record highs because of economic uncertainty, as well as expectations of U.S. interest rate cuts. "The safe-haven status of gold has led to its rally on concerns over the impact of tariffs on U.S. growth and more recently the U.S. shutdown, along with heightened geopolitical tensions," said Annabel Bishop, chief economist at Investec, to Reuters South African mining stocks rally as gold price hits new record high^[1].

Spot gold was up about 1.5% at about $4,045 per ounce at 1510 GMT, taking this year's gains to 54%. It is one of the strongest-performing assets of 2025, outpacing advances in global equity markets and bitcoin, while the U.S. dollar and crude oil are down for the year South African mining stocks rally as gold price hits new record high^[1].

Gold's momentum has spread to other precious metals, like platinum (PL1!) and palladium (XPDUSD1!), boosting the shares of Johannesburg-listed companies that produce those metals, including Sibanye Stillwater (SSW), which gained 5% on Wednesday South African mining stocks rally as gold price hits new record high^[1].

The Johannesburg Stock Exchange's Top-40 index (SA40) closed up 1.5%, while South Africa's rand (USDZAR) benefited from the precious metals rally, advancing 0.4% against the dollar. The benchmark 2035 government bond (ZAR2035=) also saw its yield fall 9 basis points to 9.09% South African mining stocks rally as gold price hits new record high^[1].