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 ...
Throughout history, gold served as hard money, a term denoting currency backed by tangible assets, ensuring stability. Unlike fiat currencies, which derive value from government decree ...
Inflows into gold-backed ETFs hit 94 tonnes, a reversal after nine successive quarters of outflows. Family offices and wealthy individuals have been buying more gold in recent months due to concerns ...
For many, investing in gold and silver ornaments is an ideal time. The day sees buyers looking for jewellery with traditional designs and motifs along with more new-age and modern styles.
Rumours have been swirling around the web for months that a new gold backed monetary unit was to ... which facilitates trade in the local currency of the member countries. Given the above, it ...
Zimbabwe’s ruling party has passed a resolution to adopt the bullion-backed ZiG currency as the country’s exclusive ... economy and promote the use of the ZiG as the country’s sole currency.” No ...
(Bloomberg) -- Zimbabwe’s ruling party passed a resolution to adopt the bullion-backed ZiG ... country’s sole currency,” according to the resolution agreed at the ruling Zimbabwe African National ...
From there it's a matter of deciding whether to make the investment using financial instruments like gold-backed exchange-traded funds or by purchasing it in physical form. Both come with their ...