Search results: price of gold

ZIMBABWE is still struggling to be readmitted to the London Bullion Market Association (LBMA), more than 13 years since it was booted out of the world’s largest gold and silver wholesale market.The southern African nation was...

Caledonia Mining Corporation has entered into a zero cost contract to hedge approximately a quarter of its 2022 gold production target at Blanket as it seeks to protect its balance sheet during its phase of higher...

The palladium price jumped on Thursday as Russian forces invaded Ukraine after President Vladimir Putin authorized what he called a special military operation. Spot palladium added 2.7% to $2,549.01 an ounce, having earlier reached its highest since...

Aluminum rallied to a record in London and nickel surged to the highest in more than a decade, pacing gains in industrial-metals markets as the deepening Ukraine crisis added to supply risks in an industry already...

The value of gold receipts  jumped 180% to US$167.5m in January  this year  from US$59.9m reported in the same period last year on the back of increased output and firming prices.Gold deliveries to the country’s sole buyer and marketer...

Zimbabwe’s gold exports rose 42% last year raking in US$1.7bn compared to US$1.2bn earned in the previous year on the back of increased output and firming prices, the central bank has said.“The country’s gold export receipts...

Statistics released by the central bank showed that gold delivered to Fidelity Printers and Refiners was 55% up last year to 29.6 tonnes from 19.05 tonnes in 2020 on the back of timeous payments and incentives...

For gold bulls, these are frustrating times. In rand terms, gold bumped up a mere 4,1 percent in 2021, but dropped 4,3 percent in US dollars.Investors lavished with triple digit returns in cryptos may find this...

The world’s second-biggest gold miner is confident prices will hold firm this year, if not rise, as investors use the metal rather than cryptocurrencies to hedge against inflation and jewelry demand picks up. “The risk is on...

ONE of the directors at Rongxin /Mambo Mine in Sanyati has allegedly offered 10 kilogrammes of gold to suppress the investigation into a forced child marriage case involving a Chinese engineer at the mine, it has...

Zimbabwe’s yellow metal export receipts rose 7.6% to US$1.057bn by mid-November this year from US$982.3m during the same period last year due to improved gold deliveries.The year 2021 was a year of two halves where the...

Gold deliveries to Fidelity Printers and Refiners  (FPR) surged 45% to 25.36 tonnes in the 11 months  to November 30 2021 from 17.44 tonnes delivered in the prior comparative period due to improved mining conditions and...