Zimbabwe’s gold-backed currency, which has been battered on foreign exchange markets since its April debut, rose against the ...
Gold was helped Thursday by a retreat in the dollar, with the dollar index dropping 0.6% against rival currencies after surging to a four-month high following Trump's win; spot gold maintained gains ...
Zimbabwe’s gold-backed currency, which has been battered on foreign exchange markets since its April debut, rose against the dollar for a second day on the back of tighter monetary policy.
Zimbabwe’s gold-backed currency posted its first gain in more than two weeks, suggesting that tighter monetary policy is ...
Global physically backed gold ETFs1 extended their inflow streak to six months, adding US$4.3bn during October. Click to read ...
Zimbabwe’s economic instability is deepening, deterring international investment and eroding confidence in the local market.
The ZiG was introduced, as a structured currency, in April 2024. Reserve Bank of Zimbabwe governor John Mushayavanhu, at the ...
October has been a strong month for gold — and oddly enough, just as strong for the U.S. dollar. Numerous economists are starting to draw attention to the increasingly noticeable correlation ...
Zimbabwe’s ruling party passed a resolution to adopt the bullion-backed ZiG currency as the country’s sole legal tender and ...
The Institute of Economic Affairs (IEA) has raised concerns over the Bank of Ghana’s recently launched Ghana Gold Coin (GGC), ...
Zimbabwe’s ruling party passed a resolution to adopt the bullion-backed ... Gold, is the southern African nation’s sixth attempt in 15 years at replacing its main transacting currency — the ...