Zimbabwe produced a lot of gold last year. The miners found more gold than anyone expected, reaching thirty-six tonnes. This helped the country earn two and a half billion dollars from selling gold to other countries.
Smart people who study money say Zimbabwe did well because the government helped miners, and gold became very expensive around the world. The country bought many things from other places, which cost a lot of money. The government wants to make more things at home instead of buying them from other countries.
Many small miners worked hard and made most of the gold. They dug up sixty-five percent of all the gold found in Zimbabwe. The government helped them do their work better. Gold prices went up a lot during the year. One piece of gold cost two thousand dollars at the start of the year. By December, it cost almost three thousand dollars.
Thomas Gono leads a group of people who dig gold. He said the government helped everyone work together better, made sure all the gold went to the right places, and helped the country grow stronger. The government wants to keep improving the gold business and plans to stop people from taking gold without permission.
Big banks think gold will become even more expensive next year. Goldman Sachs bank thinks gold might cost three thousand dollars by the end of 2025. They say many countries want to buy gold because they worry about their money becoming less valuable. Other banks agree that gold prices will keep going up because people feel safer keeping their money in gold when times are uncertain.
Zimbabwe uses gold to strengthen its currency, ZiG. This has helped keep shop prices steady and increased people's trust in the country's money. The government plans to keep finding more gold and using it to make the country richer.
Smart people who study money say Zimbabwe did well because the government helped miners, and gold became very expensive around the world. The country bought many things from other places, which cost a lot of money. The government wants to make more things at home instead of buying them from other countries.
Many small miners worked hard and made most of the gold. They dug up sixty-five percent of all the gold found in Zimbabwe. The government helped them do their work better. Gold prices went up a lot during the year. One piece of gold cost two thousand dollars at the start of the year. By December, it cost almost three thousand dollars.
Thomas Gono leads a group of people who dig gold. He said the government helped everyone work together better, made sure all the gold went to the right places, and helped the country grow stronger. The government wants to keep improving the gold business and plans to stop people from taking gold without permission.
Big banks think gold will become even more expensive next year. Goldman Sachs bank thinks gold might cost three thousand dollars by the end of 2025. They say many countries want to buy gold because they worry about their money becoming less valuable. Other banks agree that gold prices will keep going up because people feel safer keeping their money in gold when times are uncertain.
Zimbabwe uses gold to strengthen its currency, ZiG. This has helped keep shop prices steady and increased people's trust in the country's money. The government plans to keep finding more gold and using it to make the country richer.
