But in late September, authorities slashed the value of the new gold-backed currency by more ... taking it from 13.56 ZiG to ...

BRICS has announced initiatives for a 40% gold asset backed settlement currency called The Unit, which has triggered an ...

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

Gold prices have been on a tear all year, but the love hasn't transferred to exchange-traded funds that invest in the precious metal. But now, the tides are turning.

Zimbabwe has introduced a new gold-backed currency called ZiG ... the body introduced a new currency called the bond note that was backed by the US dollar loan facility. The then-central bank ...

The new banknotes come in denominations from 1 to 200 Zimbabwe has introduced a new gold-backed currency ... called the bond note that was backed by the US dollar loan facility.

The rally has been boosted by the central banks of China, India and Turkey easing their reliance on the US dollar ... that’s when gold really shines,” said Cavatoni. For a new gold buyer ...

Inflation-hit Zimbabwe has a new currency ... transacts in the US dollar. On Thursday, Zimbabwe's central bank governor, John Mushayavanhu, said the country has real gold and mineral assets ...

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 ...

Investors should consider GLD or physical gold ... USD itself. I believe the U.S. Treasuries are heading lower, not only because of inflation, but due to the ever-greater proportion of new ...