Zimbabwe central banker stockpiles gold to bolster ZiG currency
The ZiG - short for Zimbabwe gold — is the nation’s sixth attempt at having a functioning local currency in the last 15 years.
Oct. 26 (Bloomberg) — Gold futures may extend an advance above $1,700 an ounce as concerns about Europe’s debt crisis spur demand for the metal as a protection of wealth. European leaders will hold an emergency summit today in a bid to reach agreement on…