Gold hits record highs in 2025 and Nersa weighs interim tariff relief for the ferrochrome sector.

Stephen Grootes speaks to John Reade, Market Strategist at the World Gold Council about the latest Gold Demand Trends data, after 2025 marked a record-breaking year for the precious metal. Global gold demand exceeded 5,000 tonnes for the first time, while prices set 53 new all-time highs, driving total market value to a record US$555 billion. The data shows strong investment demand, elevated central bank buying and resilient technology use, even as jewellery volumes softened in a sustained high-price environment.

In other interviews, Nellis Bester, chairperson of the Ferroalloy Producers Association talks about the deep strain on South Africa’s ferroalloys sector as electricity costs push smelters to the brink. With only four of 48 ferrochrome smelters and four of 19 other ferroalloy plants currently operating, the industry warns that without internationally competitive power pricing, widespread closures, retrenchments, and a collapse in local minerals beneficiation are imminent.

The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.  
  
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