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IPFS News Link • Africa: On the Map

Zimbabwe's Gold Coins Sell Above $2,000 Each For The First Time

• Bloomberg

Zimbabwe's gold coins introduced in July are selling above $2,000 for the first time.

The so-called "Mosi-oa-Tunya" gold coin, named after Victoria Falls, a key tourism site which straddles the border between Zimbabwe and Zambia, were priced at $2,002.51 for a one-ounce coin on Monday, according to data on the Reserve Bank of Zimbabwe's website. Spot gold was at $1,914.21 an ounce at 2:45 p.m. in London.