Zimbabwe Reserve Bank Releases Gold Coin and Digital Token Prices

The Reserve Bank of Zimbabwe (RBZ) has announced the latest prices for gold coins and digital tokens, introducing a digital form of gold ownership through tokens known as ZiGs. These tokens, backed by actual gold reserves held by the RBZ, have their value updated daily on the RBZ’s website. Available for purchase through banks using either local or foreign currency, these tokens can be divided down to milligramme levels, allowing precise value matching with currencies in use. This initiative not only facilitates easier access to gold investment but also serves as a hedge against inflation, offering potential value appreciation in line with global gold market trends.