Central Bank of Tanzania to Hoard 20% of Total Gold Exports

The Central Bank of Tanzania will purchase 20% of all the gold directed for exports as the country prepares to diversify its reserves. The movement is seen as a reaction to the current acceleration of gold prices, with Tanzania aiming to amass at least 6 tones of gold this financial year. Mining Regulator in Tanzania […]

Oct 2, 2024 - 02:00
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Central Bank of Tanzania to Hoard 20% of Total Gold Exports
Central Bank of Tanzania to Hoard 20% of Total Gold ExportsThe Central Bank of Tanzania will purchase 20% of all the gold directed for exports as the country prepares to diversify its reserves. The movement is seen as a reaction to the current acceleration of gold prices, with Tanzania aiming to amass at least 6 tones of gold this financial year. Mining Regulator in Tanzania […]

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