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.
Investors sent platinum group metals higher after the massacre in South Africa.
Fearing possible supply disruptions, platinum gained about $70 since news of the killings broke and is trading at US$1,475/oz. Palladium is also up $20 and trading at US$608.
