Less than six months after Zimbabwe launched yet another new currency, it was forced to devalue it, signalling new challenges for the Southern African country’s efforts to stand up a local ...
The company says it anticipates precious metal production from several new ... gold bullion or gold futures contracts. The SPDR Gold Shares (GLD) is a popular example of a physically gold-backed ...
EMOTIONS aside, allow me to analyse the good, the bad and the in-between of the country’s domestic currency, the Zimbabwe Gold (ZiG). The ZiG was introduced, as a structured currency, in April 2024.
Gold prices have been on a tear all year, but the love hasn't transferred to exchange-traded funds that invest in the precious metal. But now, the tides are turning.