gold

Gold smuggling from Africa to the United Arab Emirates (UAE) has seen a dramatic increase over the past decade. Each year, hundreds of tonnes of gold, worth tens of billions of dollars, are illegally transported out of Africa, according to a report released on Thursday. SwissAid, an organization dedicated to development aid and advocacy, conducted […]

Zimbabwe’s newly introduced gold-backed currency, the ZiG, experienced its first weakening since its launch earlier this month. According to central bank data, the currency traded nearly 1% lower at 13.38 per dollar on Thursday compared to the previous day, reflecting the recent decline in gold prices, which have seen a downward trend over the past […]