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05 April 2024, Zimbabwe, Harare: John Mushayavanhu, Governor of the Reserve Bank of Zimbabwe, presents the new national currency Zimbabwe Gold, or ZiG for short, at a press conference.
Tanzania's mining regulator has ordered all mining firms and traders exporting gold to allocate at least 20% of the commodity for sale to the central bank to bolster the bank's move to diversify ...
Frantic central bank gold-buying combined with the precious metal's soaring price has solidified its position second only to the U.S. dollar as their biggest reserve holding in value terms, a ...
Zimbabwe's gold-backed currency now has more than 100% reserve cover and is stable, according to the central bank, but doubts over its credibility remain, underscored by a persistent premium in ...
Gold surpassed the euro as the second-largest reserve asset, driven by record central bank purchases. Persistent geopolitical risks and inflation fears continue to fuel strong demand for gold from ...
The former are out of the Fed's reach; the latter are its core responsibility. The recent surge in gold—history's most reliable inflation bellwether—warns that the greenback is already sliding.
Gold is now the world's second-largest reserve asset — but central bank appetite is waning By Jenni Reid, CNBC • Published June 11, 2025 • Updated on June 11, 2025 at 3:10 pm ...
Gold is now the world's second-largest reserve asset — but central bank appetite is waning By Jenni Reid, CNBC • Published June 11, 2025 • Updated on June 11, 2025 at 3:10 pm ...