The Zimbabwe Gold (ZiG) currency has exhibited a contrarian performance, depreciating to 26.2614 against the US dollar on January 17, 2024, thereby reversing the gains accrued in the preceding week.

Zimbabwe's trade deficit has surged significantly to US$196 million, representing a 318.2% increase from $46.9 million in November 2024, which was the lowest deficit since November 2021. Gold exports

Gold has long been recognized as a strategic asset, playing a pivotal role in the construction of well-diversified investment portfolios. According to World Gold Council, Its unique characteristics m

In 2024, Zimbabwe not only achieved but exceeded its gold production target, reaching an impressive 36.48 tonnes, surpassing the initial goal of 35 tonnes. This milestone marks a historic high for the

Zimbabwe's foreign currency inflows surged to a record high of US$13.3 billion in FY2024, representing a 21% year-over-year (YoY) growth from US$11 billion in FY2023. The robust performance was prima

Gold prices reached a new record high of 2,917.90 per ounce on the 10th of February 2025, driven by the U.S. President’s trade war, which is targeting both allies and adversaries. This surge followed

Gold deliveries in January 2025 saw a significant uptick, rising by 29.2% to 3.1 tonnes compared to 2.4 tonnes in the same period last year, according to the latest data from Fidelity. However, this i

The Zimbabwe Gold (ZiG) has exhibited a consistent downward trajectory, recording a decline for three consecutive weeks, settling at 26.4565 during the week ended 14 February 2024. However, these are

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

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

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

With increasing US tariffs across the world from America to Europe, Asia to Africa, gold has emerged as a critical barometer of market uncertainty. As trade tensions escalate, investors and instituti

Zimbabwe's gold deliveries declined by 17.7% month-on-month in February 2024, falling to 2.56 tonnes from 3.1 tonnes in January. This marks the lowest monthly output in over six months since June 2024

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

Padenga Holdings Ltd. has solidified its transformation from crocodile skin producer to mining contender by acquiring full ownership of Dallaglio Investments, its gold mining subsidiary, through a 253

The Zimbabwe Gold (ZiG) has demonstrated sustained depreciation against the United States Dollar (USD), recording an exchange rate of 26.6749 on 17 March 2025, extending a loss-making streak observed

Gold breached the critical $3 000 per ounce resistance level on 14 March 2025 as investors flocked to the safe - haven asset amid escalating trade hostilities and geopolitical volatility.  Spot price

Kavango Resources plc, a Southern Africa-focused metals exploration company, has upgraded the underground mining potential of Prospect 1 at its Hillside Project in Matabeleland, Zimbabwe, according to

According to the International Journal of World Policy and Development Studies, Zimbabwe lost over US$32.179 billion during the period 2000 to 2020 . The paper by Jeffrey Kurebwa further notes that I

As gold prices soars past a record $3,000 per ounce in 2025, driven by geopolitical tensions and investor flight to safe-haven assets, Zimbabwe’s mining sector is poised for a windfall. Kuvimba Mining