Copper $ 5.4425 / lb 1.53%
Brent Crude Oil $ 63.1 / bbl -0.32%
Palladium $ 1499.75 / ozt 1.20%
Crude Oil $ 59.49 / bbl -0.35%
Natural Gas $ 5.117 / Btu 0.79%
Silver Futures $ 58.655 / ozt 1.90%
Aluminum Futures $ 2921.25 / ton 0.21%
Micro Gold Futures $ 4257.6 / ozt 0.46%
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Platinum $ 1657.85 / ozt -0.33%
Gold Futures $ 4257.5 / ozt 0.42%
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Zimbabwe launches "gold-backed" currency to replace dollar

Cecilia Jamasmie | April 05, 2024 | 5:08 am News Africa Gold 

Zimbabwe said on Friday that it will launch a new currency backed by the country’s gold reserves, the latest move by President Emmerson Mnangagwa’s government to stabilize its rapidly devaluing currency. Zim Gold (ZiG), to be introduced on April 8, will...

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