Central Banks
Zimbabwe’s Gold Coins Top $4,000 for First Time on Bullion Rally
The 22-carat “Mosi-Oa-Tunya” gold coins were introduced in 2022.
Photographer: Jekesai Njikizana/AFP/Getty Images
Zimbabwe’s gold coins topped the $4,000 mark for the first time, lifted by a global rally in the metal that’s up 45% this year.
The 22-carat “Mosi-Oa-Tunya” gold coins — named after Victoria Falls, a popular tourist destination, and introduced in 2022 to counter a rapid depreciation of the now-defunct local dollar — were selling at $4,018.19 an ounce, according to data posted Tuesday on the central bank’s website.