{"id":61697,"date":"2022-06-27T16:03:38","date_gmt":"2022-06-27T14:03:38","guid":{"rendered":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/reserve-bank-of-zimbabwe-introduces-gold-coins"},"modified":"2022-06-27T19:17:00","modified_gmt":"2022-06-27T17:17:00","slug":"reserve-bank-of-zimbabwe-introduces-gold-coins","status":"publish","type":"post","link":"https:\/\/www.africa-press.cc\/zimbabwe\/all-news\/reserve-bank-of-zimbabwe-introduces-gold-coins","title":{"rendered":"Reserve Bank Of Zimbabwe Introduces Gold Coins"},"content":{"rendered":"

Africa-Press – Zimbabwe. <\/strong><\/span>The Reserve Bank of Zimbabwe (RBZ) has announced plans to introduce gold coins as part of measures to ensure investors and the general public have alternative means to preserve the value of money.<\/p>\n

The resolution was made on the 24th of June when the RBZ\u2019s Monetary Policy Committee (MPC) met and deliberated on macroeconomic and financial developments in the economy. Said the central bank:<\/p>\n

The gold coins will be minted by Fidelity Gold Refineries (Private) Limited and will be sold to the public through normal banking channels.<\/p>\n

Gold is considered a safe haven against inflation and a gold coin is made mostly or entirely of gold, while most gold bullion coins are pure gold.<\/p>\n

Studies show that gold has outperformed the inflation rate and reduced the risk by a considerable margin.<\/p>\n

Most gold coins minted are 90\u201392 per cent gold (22 karat).<\/p>\n

Popular bullion coins include the American eagle, the Canadian Maple Leaf, the South African Krugerrand, the Isle of Man Gold Cat, the Australian Kangaroo, and the China Mint Panda Bear.<\/p>\n

The proposition has the potential to have a stabilisation effect on the economy if conducted properly given the stability and value storage associated with gold.<\/p>\n

Zimbabwe\u2019s inflation increased to 191.6 per cent and 30.7 per cent on a year-on-year and month-on-month basis for June 2022 respectively according to official statistics, which is far astride from government projections of achieving a 30 per cent inflation rate by end of the year.<\/p>\n

Other analysts say the inflation is already over 300 per cent.<\/p>\n

For More News And Analysis About Zimbabwe<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Zimbabwe. The Reserve Bank of Zimbabwe (RBZ) has announced plans to introduce gold coins as part of measures to ensure investors and the general public have alternative means to preserve the value of money. The resolution was made on the 24th of June when the RBZ\u2019s Monetary Policy Committee (MPC) met and deliberated […]<\/p>\n","protected":false},"author":84,"featured_media":61696,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,6,35,15],"tags":[1493,2189,10405,10404,10406,19],"class_list":{"0":"post-61697","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-all-news","8":"category-economy","9":"category-homepage-english","10":"category-twitter","11":"tag-africa-press","12":"tag-africa-press-zimbabwe-2","13":"tag-gold-coins","14":"tag-rbz-gold-coins","15":"tag-reserve-bank-of-zimbabwe-rbz-gold-coins","16":"tag-zimbabwe"},"yoast_head":"\nReserve Bank Of Zimbabwe Introduces Gold Coins - zimbabwe<\/title>\n<meta name=\"description\" content=\"The Reserve Bank of Zimbabwe (RBZ) has announced plans to introduce gold coins as part of measures to ensure investors a ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/reserve-bank-of-zimbabwe-introduces-gold-coins\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Reserve Bank Of Zimbabwe Introduces Gold Coins\" \/>\n<meta property=\"og:description\" content=\"The Reserve Bank of Zimbabwe (RBZ) has announced plans to introduce gold coins as part of measures to ensure investors a ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/reserve-bank-of-zimbabwe-introduces-gold-coins\" \/>\n<meta property=\"og:site_name\" content=\"zimbabwe\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-27T14:03:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-06-27T17:17:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2022\/06\/postQueueImg_2-62b9e5ed83023.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"999\" \/>\n\t<meta property=\"og:image:height\" content=\"753\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/reserve-bank-of-zimbabwe-introduces-gold-coins\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/reserve-bank-of-zimbabwe-introduces-gold-coins\",\"name\":\"Reserve Bank Of Zimbabwe Introduces Gold Coins - zimbabwe\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/reserve-bank-of-zimbabwe-introduces-gold-coins#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/reserve-bank-of-zimbabwe-introduces-gold-coins#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2022\/06\/postQueueImg_2-62b9e5ed83023.jpg\",\"datePublished\":\"2022-06-27T14:03:38+00:00\",\"dateModified\":\"2022-06-27T17:17:00+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/2e02b5816e71b1149d79877f669a85e4\"},\"description\":\"The Reserve Bank of Zimbabwe (RBZ) has announced plans to introduce gold coins as part of measures to ensure investors a ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/reserve-bank-of-zimbabwe-introduces-gold-coins#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/reserve-bank-of-zimbabwe-introduces-gold-coins\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/reserve-bank-of-zimbabwe-introduces-gold-coins#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2022\/06\/postQueueImg_2-62b9e5ed83023.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2022\/06\/postQueueImg_2-62b9e5ed83023.jpg\",\"width\":999,\"height\":753,\"caption\":\"Reserve Bank Of Zimbabwe Introduces Gold Coins\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/reserve-bank-of-zimbabwe-introduces-gold-coins#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.cc\/zimbabwe\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Reserve Bank Of Zimbabwe Introduces Gold Coins\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#website\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/\",\"name\":\"zimbabwe\",\"description\":\"\u0623\u062e\u0628\u0627\u0631 \u064a\u0648\u0645\u064a\u0629 \u0639\u0644\u0649 \u0645\u062f\u0627\u0631 \u0627\u0644\u0633\u0627\u0639\u0629\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/zimbabwe\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/2e02b5816e71b1149d79877f669a85e4\",\"name\":\"cfeditoren\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Reserve Bank Of Zimbabwe Introduces Gold Coins - zimbabwe","description":"The Reserve Bank of Zimbabwe (RBZ) has announced plans to introduce gold coins as part of measures to ensure investors a ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/reserve-bank-of-zimbabwe-introduces-gold-coins","og_locale":"en_US","og_type":"article","og_title":"Reserve Bank Of Zimbabwe Introduces Gold Coins","og_description":"The Reserve Bank of Zimbabwe (RBZ) has announced plans to introduce gold coins as part of measures to ensure investors a ...","og_url":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/reserve-bank-of-zimbabwe-introduces-gold-coins","og_site_name":"zimbabwe","article_published_time":"2022-06-27T14:03:38+00:00","article_modified_time":"2022-06-27T17:17:00+00:00","og_image":[{"width":999,"height":753,"url":"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2022\/06\/postQueueImg_2-62b9e5ed83023.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/reserve-bank-of-zimbabwe-introduces-gold-coins","url":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/reserve-bank-of-zimbabwe-introduces-gold-coins","name":"Reserve Bank Of Zimbabwe Introduces Gold Coins - zimbabwe","isPartOf":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/reserve-bank-of-zimbabwe-introduces-gold-coins#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/reserve-bank-of-zimbabwe-introduces-gold-coins#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2022\/06\/postQueueImg_2-62b9e5ed83023.jpg","datePublished":"2022-06-27T14:03:38+00:00","dateModified":"2022-06-27T17:17:00+00:00","author":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/2e02b5816e71b1149d79877f669a85e4"},"description":"The Reserve Bank of Zimbabwe (RBZ) has announced plans to introduce gold coins as part of measures to ensure investors a ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/reserve-bank-of-zimbabwe-introduces-gold-coins#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/zimbabwe\/all-news\/reserve-bank-of-zimbabwe-introduces-gold-coins"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/reserve-bank-of-zimbabwe-introduces-gold-coins#primaryimage","url":"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2022\/06\/postQueueImg_2-62b9e5ed83023.jpg","contentUrl":"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2022\/06\/postQueueImg_2-62b9e5ed83023.jpg","width":999,"height":753,"caption":"Reserve Bank Of Zimbabwe Introduces Gold Coins"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/reserve-bank-of-zimbabwe-introduces-gold-coins#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.cc\/zimbabwe\/"},{"@type":"ListItem","position":2,"name":"Reserve Bank Of Zimbabwe Introduces Gold Coins"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/zimbabwe\/#website","url":"https:\/\/www.africa-press.net\/zimbabwe\/","name":"zimbabwe","description":"\u0623\u062e\u0628\u0627\u0631 \u064a\u0648\u0645\u064a\u0629 \u0639\u0644\u0649 \u0645\u062f\u0627\u0631 \u0627\u0644\u0633\u0627\u0639\u0629","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/zimbabwe\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/2e02b5816e71b1149d79877f669a85e4","name":"cfeditoren"}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/posts\/61697","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/comments?post=61697"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/posts\/61697\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/media\/61696"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/media?parent=61697"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/categories?post=61697"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.cc\/zimbabwe\/wp-json\/wp\/v2\/tags?post=61697"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}