Peter’s Blog

Get the latest headlines, market analysis, and original content from SchiffGold.

Posts Tagged: “Zimbabwe”

October 11, 2023・Key Gold Headlines

Zimbabwe Introduces Digital Payment System Backed By Gold

The Reserve Bank of Zimbabwe (RBZ) has launched a digital payment system backed by physical gold. The RBZ rolled out its digital gold-backed token in April after successfully implementing a program to produce physical gold coins in 2022. On Oct. 5, the central bank announced that these gold-backed digital tokens could be used as a […]

Read Article

Exclusive Weekly Email Updates

Peter Schiff’s Gold News

Subscribe Now

Zimbabwe Central Bank to Offer Gold Coins as Inflation Ravages the Country

The Reserve Bank of Zimbabwe plans to issue gold coins as a way for investors in the country to store value as inflation runs rampant in the economy. The United States isn’t the only country battling rapidly rising prices. The inflation rate in Zimbabwe spiked from 132% in May to 191.6% in June, and the […]