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with other regions. The macroregion’s gold producers increased
capacity utilisation amid rising global demand and prices for gold. The special government
subsidised mortgage programme
demand for gold as a defensive asset (from
early April to 21 November 2025, the gold price surged by 30%). Investors’ demand for gold has
from imports of goods registered by the FCS of Monetary gold is defined as standard gold bars and coins
Russia. with a purity of at
access
(access on Jul. 24, 2025).
Chingono, N. (2022). Zimbabwe to introduce gold coins as local currency tumbles.
soaring inflation piling pressure on country already
higher global prices for fertilisers and metals, especially
precious ones. The global gold price reached a new historical high. Exports were also supported
by the
in foreign currency, operations of the Bank of Russia to buy monetary gold, and settlements within FX
swaps to sell foreign currency for rubles.
Include
from imports of goods registered by the FCS of Monetary gold is defined as standard gold bars and coins
Russia. with a purity of at
scheduled growth is related to the favourable situation in foreign markets (primarily, gold markets)
and to the fact that some large projects implemented in the