Gold tumbles
Zimbabwe has introduced a new gold-backed currency called ZiG - the ... inflation-hit notes for the new currency. However, the US dollar, which accounts for 85% of transactions, will ...
Gold-backed digital currency. Lawmakers propose state-wide digital coins fully redeemable in precious metals, offering ...
of US-based clearing houses. Then came proposals for a Brics currency, constituted as a weighted average of existing ...
They want to protect against political risks and move away from traditional currency reserves. Mason cites the BRICS coalition's plans for a gold-backed currency as a factor reshaping market ...
Zimbabwe's central bank has devalued its gold-backed currency by over 40% against the US dollar, indicating that ... According to the Reuters new agency, RBZ said in a statement that its ...
(Bloomberg) -- The world’s largest gold-backed exchange traded fund recorded ... in gold last month as expectations were high that the US presidential election would turn out to be a contested ...
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