THE Reserve Bank of Zimbabwe (RBZ) has projected that gold prices will continue rising this year, driven by increasing global central bank purchases and escalating geopolitical tensions.According to the World Gold Council, global gold demand increased to 4 974,5 metric tonnes in 2024, fuelled by higher investment and a surge in central bank acquisitions in…
RBZ bullish on gold prices
“The rise in gold prices reflects heightened geopolitical tensions, sustained central bank demand, and the beginning of monetary policy easing in the United States,”