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Search results: gold prices

ZELA urges Fidelity to buy gold in US$

The Zimbabwe Environmental Law Association has called for the elimination of gold trade distortions that have persisted during the Coronavirus lockdown, to improve revenue flows into the country’s coffers.ZELA released the second edition of its weekly...

Gold rises

Gold prices rose on Thursday as worries about the economic impact from a fast-spreading coronavirus in China improved the metal’s safe-haven appeal.Spot gold rose 0,3 percent to $1 581,75 per ounce by 0744 GMT and US...

Gold drops

Gold edged down on Friday as the dollar rose and appetite for riskier assets improved after the World Health Organisation tempered fears of a global coronavirus outbreak.Spot gold was 0,1 percent lower at $1 561,18 per...

What is artisanal gold, why is it booming?

A rapid rise in the price of gold since 2000 has driven millions of people to deposits in Africa, South America and elsewhere where they dig for gold using basic technology.Such informal digging — known as...

Govt nears finality on 100 tonnes gold plan

The government says it will complete crafting the strategy for ramping up annual gold production to over 100 tonnes and grow export earnings from the sale of bullion to more than US$4 billion per year by...

Gold price edges lower

Gold prices edged lower yesterday, consolidating near the $1,550 level, ahead of a policy decision by the European Central Bank, although mounting concerns over a virus outbreak in China limited losses.The euro zone’s central bank will...

Gold price rises

Gold prices rose to a two-week high yesterday as the spread of a new virus in China stoked fears of a wider epidemic, sparking a sudden bout of risk aversion and sell-off in Asian stocks.Spot gold...

Global bank sees gold price spike

Moscow – Commodity strategists at US banking giant Goldman Sachs have projected that the risks for oil prices are skewed to the downside in the coming weeks, with a fair value of $63 per barrel, making...

Gold rise

Gold prices rose above the key $1 500 mark to a near two-month peak yesterday, as uncertainty around the signing of the ‘phase one’ trade deal between the United States and China boosted safe-haven flows into...

Top ten gold producers in the world

These are the top gold producers in the world. 1. China Mine production: 400 MTOnce again, China was the largest producer of gold in the world, mining 400 metric tons (MT) in 2018. The country has now held...

Gold price forecast 2020

Gold looks set to end the year with double-digit gains and is likely to maintain its upward trajectory in 2020.At press time, the yellow metal is trading at $1 477 per Oz, representing 15,25percent gains on...

Zim Gold: Resource Curse Or Bad Policy?

When the European settlers in Zimbabwe dreamt of Eldorado (overflowing gold) in the 1890s, not many were disappointed. Now more than a century after the settlers arrived, the yellow metal remains one of the pillars of...

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