Gold miners in Zimbabwe are smiling all the way to Fidelity Gold Refinery (FGR) after buying prices surged past US$100 per gram.
By Keith Sungiso
As of today, 17 April 2025, Fidelity Gold Refinery (FGR) is paying US$100.95/g for high-grade gold (90% purity and above).
This marks a significant moment for local producers and artisanal miners alike.
Here are the detailed rates from FGR:
- SG 90% and ABOVE: US$100.95/g
- SG ABOVE 89% BUT BELOW 90%: US$99.88/g
- SG ABOVE 80% BUT BELOW 85%: US$98.82/g
- SG ABOVE 75% BUT BELOW 80%: US$97.75/g
- SAMPLE BELOW 10g BUT ABOVE 5g: US$96.15/g
- Fire Assay (CASH): US$101.49/g
This rise in prices is expected to boost small-scale mining activity and further incentivise formal gold deliveries. Zimbabwe’s gold mining sector continues to play a key role in foreign currency generation, and such price shifts offer renewed hope for growth and investment in the industry.
With global prices on the rise, this is the time to dig, deliver, and earn more than ever before!
For regular updates on gold prices and mining sector developments, stay tuned to Mining Zimbabwe.
