Search results: gold prices

Gold prices were rangebound yesterday, as lack of concrete details about the interim US – China trade deal kept investors from making firm bets, while palladium was just $2 away from surpassing key $2 000 per...

Minerals Marketing Corporation of Zimbabwe (MMCZ) general manager, Mr Tongai Muzenda, said yesterday that the credit guarantee facility seeks to assist non-gold mines in playing their role towards the attainment of the US$12 billion economy. “The...

The gold industry in the country has been in existence for over 1000 years with one of the powerful early societies, the Great Zimbabwe kingdom and the Mutapa kingdom believed to be gold funded economies. Since...

Gold delivery to the country’s sole gold buyer and exporter, Fidelity Printer and Refiners has declined significantly as compared to the previous year due to various reasons. There is a big assumption that, although gold delivery...

Gold prices eased on today and were hovering close to a two-week low touched in the previous session as increasing signals that an interim trade deal could be reached soon buoyed riskier assets and the U.S....

The gold bulls are back, predicting a price of $1 700 an ounce and higher in early 2020.This month gold rallied to its highest level in six years, ranging between $1 480/oz and $1 510/oz. Standard...

China has added more than 100 tonnes of gold to its reserves since it resumed buying in December, reinforcing its standing as one of the major official accumulators as central banks stock up on the precious...

Gold prices yesterday held on to the previous session’s gains, as fading hopes for progress in US — China trade talks hit risk appetite, while markets also awaited clues on monetary easing by the US Federal...

Gold slipped by 1 percent to a one-week low last Friday and was heading for its worst week in six-months as investors sought safety in the US dollar, lifting the currency to multi-week highs.A stronger dollar...

Economic experts have laid out that small scale and artisanal miners will not deliver their gold production to Fidelity Printers and Refineries due to lack of trust.Rudairo Dickson MapurangaSpeaking to Mining Zimbabwe an economic expert who...

A CHINESE firm, Livetouch Investments, in partnership with the Zimbabwe Miners Federation (ZMF) plans to invest US$2 million is setting-up a gold service centre and purchasing of mining equipment for use by small-scale miners in Matobo...

The recent announcement of 100% local payment system had miners outraged. Miners were lamenting for price hikes from US$55/RTGS45 to at least US$80%/20% rtgs and being hit by a 100% local currency payment that's losing value...