Gold-backed digital currency. Lawmakers propose state-wide digital coins fully redeemable in precious metals, offering ...

Advocates of freedom and prosperity should continue to make the arguments and offer proposals for moving to a sound monetary ...

A Texas legislator has filed two bills to establish a state-sanctioned currency backed by precious metals, marking a ...

Gold's price movements often signal where investors think inflation is heading, even before official numbers come out.

The group’s plans to challenge the supremacy of the US dollar did not get far at its recent summit in Russia, even if polite ...

Zimbabwe’s monthly inflation rate slowed for the first time in four months, as volatility that’s plagued the nation’s ...

Zimbabwe's Justice Legal and Parliamentary Affairs Minister Ziyambi Ziyambi has admitted that citizens are struggling to ...

But in late September, authorities slashed the value of the new gold-backed currency by more than 40 percent. The ZiG is only ...

Zimbabwe’s gold-backed currency, which has been battered on foreign exchange markets since its April debut, rose against the dollar for a second day on the back of tighter monetary policy. The ...

The central bank hopes the ZiG, which is backed by a basket of reserves comprising foreign currency and precious metals – mainly gold – would help stabilise the struggling economy. But some ...

The new banknotes come in denominations from 1 to 200 Zimbabwe has introduced a new gold-backed currency called ZiG - the name stands for "Zimbabwe Gold". It is the latest attempt to stabilise an ...