The rand continued to be range bound in noon trade on Wednesday.

South African markets were closed on Tuesday for a holiday.

At 11.45am the rand was bid at 8.0591 to the dollar from an overnight close of 8.0626 on Monday. It was bid at 11.1761 to the euro from a previous 11.1694 and at 13.1183 against sterling from 13.2065.

The euro was bid at $1.3867 from $1.3834 overnight.

Gold was quoted at $932.17/oz from $933.25/oz at Monday's close.