The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po

The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po

Gold prices started the week on a downward trend remaining below the US$1900 per ounce mark and approaching their lowest levels in the past five months as investors brace themselves for the annual gat

The dollar has dipped to 105 from 104 last week with the highest being achieved in July at 99.9 as investors adopted a cautious approach while awaiting important U.S. inflation data. The upcoming rele

The Reserve Bank of Zimbabwe, the nation's central banking authority, has elected to maintain the benchmark interest rate at its current level for the third consecutive period, as evidenced by the lat

the Reserve Bank of Zimbabwe (RBZ) has announced its mid-term monetary policy statement, with no major shifts. The main bank rate remains unchanged, along with the interest rate corridor and statutor

The Reserve Bank of Zimbabwe has raised the bank policy rate from 20% in April this year to 35%, according to the latest Monetary Policy Statement released last Friday. Standard and statutory reserve

The Zimbabwe Gold (ZiG) experienced a downward trajectory over two consecutive weeks, depreciating to 26.4072 against the US dollar on February 7, 2025, from 26.3656 on January 31, 2025, reflecting a

In 2025, gold's outlook is projected to remain strong due to continued central bank accumulation, robust demand from gold ETF investors, and increasing geopolitical uncertainties. Central banks are e

he central banking authority, Reserve Bank of Zimbabwe has held interest rate firm at 35% as it continues its gamble to fight inflation head-on. In its latest Monetary Policy Statement (MPS) followin

The Zimbabwe Gold (ZiG) persists in its slow decline, with March’s gradual erosion spilling into April 2025. The ZiG closed at 26.77 on 31st of March 2025 from 26.72 in the previous week against the

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

Gold experienced a robust rally at the end of August, reaching US$3,429 per ounce, a 4% increase for the month, bringing its year-to-date gain to an impressive 31%. Despite a weaker US dollar, gold a