Search results for 'economic uncertainty'
World
Golden Gains: Evolving Landscape of Global Gold Production, Prices

Global gold prices have started the week on a firmer note, stabilizing around $2,305 per ounce yesterday, following a 3.5% drop on Friday - the largest daily decline since November 2020. Investor sen

Jun 11, 2024
Zimbabwe
ZiG Opens July with 1% Official Market Slump

The local unit, the Zimbabwe Gold (ZiG), has exhibited a week-over-week depreciation of 0.9% against the United States Dollar (USD), opening the new month of July at a spot rate of ZiG13.7026, as per

Jul 01, 2024
World
Age of Bullion: Gold Prices Reach Historic Highs

Gold prices have continued their upward trajectory, reaching a new record high of US$2,750 per ounce on October 23, 2024. This surge is driven by gold's status as a safe-haven asset amid escalating ge

Oct 23, 2024
World
Global Gold at Glance: 2024’s Record Production, Record Prices Analysis, What Were Key Drivers

Global gold demand reached unprecedented levels in 2024, with total demand (including over-the-counter investment) rising by 1% year-on-year in the fourth quarter to achieve a new quarterly high.  Thi

Feb 17, 2025
World
Global Gold Weekly Round-Up: Gold Prices Surge Dents Jewellery Demand, Fuels Investment Boom

he gold market has experienced a remarkable rally since the beginning of the year, with prices repeatedly hitting new all-time highs. While this surge has been a boon for investors, it has cast a shad

Feb 24, 2025
World
Gold Weekly Commentary: Zimbabwe's Mining Industry Hits New High

Zimbabwe has recorded its highest gold output in two months, marking a new record high as the country progresses toward its year-end production target. After achieving a record 36.48 tonnes in 2024, Z

Mar 10, 2025
World
Gold Prices Retreat to $3,310 as Trump Signals Tariff Truce with China

Gold prices retreated to $3,310 per ounce on Wednesday 23rd of April, falling from a record high of $3,500 in the previous session, as optimism over easing U.S.-China trade tensions, a strengthening

Apr 23, 2025

Top Stories

Cassava Technologies Partners Zindi to Bring AI Innovation,GPUaaS to Africa

Cassava Technologies, a global technology leader with African roots, has signed a Memorandum of Understanding with Zindi, Africa’s largest professional network for data scientists, to deliver transfor

18 hours ago

Zimbabwe Records Highest Monthly Gold Deliveries in April Since 2021

Zimbabwe’s gold deliveries in April 2025 reached 3.86 tonnes, a robust 38.3% increase from March’s 2.79 tonnes, according to Fidelity Gold Refiners. Small-scale miners led the charge with  2.93 tonne

20 hours ago

Unlocking Africa's Potential: Key Discussions Unfold at Ongoing Africa CEO Forum

The 12th edition of the Africa CEO Forum (ACF) has kicked off in Abidjan, Côte d’Ivoire yesterday and still  ongoing  with the summit concluding today. Co-hosted by Jeune Afrique Media Group and the

23 hours ago

Tigere’s Net Property Income Surges to Half a Million in Q1 25

Tigere Property Fund , a real estate firm listed on the Zimbabwe Stock Exchange (ZSE) has recorded a total of US$535 632 in net property income for the first quarter ended 31 March 2025 from US$ 376 4

23 hours ago

WestProp Completes Glass-Aluminium and Brick Plants: Key Developments on Track for 2025 Completion

est Properties (West Prop), a leading real estate development company specialising in residential estates, commercial properties, and innovative construction solutions, has commissioned its state-of-t

1 day ago

Westprop Remains Profitable in FY 2024 Despite 54% Net Profit Dip

WestProp Holdings, a prominent real estate company listed on the Victoria Falls Stock Exchange (VFEX) has recorded 54% decline in profit to US$18.26 million  for the full year ended 31 December 2024 f

1 day ago

Caledonia’s Q1 Net Profit Surges by 500%, Taxes to Government Triples to 12 Million

aledonia Mining Corporation, Zimbabwe’s third-largest gold producer, has delivered a remarkable financial performance in the first quarter of 2025, with net profit soaring by 493% to US$8.9 million fr

1 day ago

Vast Resources Discovers Additional 6,055 Carats of Diamonds in Marange Parcel

Vast Resources plc, a London-based junior mining company listed on the Alternative Investment Market (AIM), has discovered additional 6,055.35 carats of gem-quality diamonds during the classification

May 08, 2025