JSE on track for third monthly loss in a row but gold shares buck the trend

The JSE is set to close its third consecutive monthly loss on Tuesday after geopolitics in the Middle East threw investors another curve ball at a time when they are still consumed with the direction of US interest rates and their potential implications for a further realignment of capital flows.

Meanwhile, worries about the growth outlook for China continue to bubble beneath the surface, as reflected in depressed industrial commodity markets…