Zim Now Writer
The Reserve Bank of Zimbabwe has suspended its gold coin sales, with the move taking effect from June 16, 2025.
In a statement, RBZ Governor John Mushayavanhu explained that the suspension marks the end of a targeted exercise aimed at clearing remaining stock, including coins returned by previous holders.
“This was a sale meant to clear remaining stock and not the minting of new gold coins, which was suspended in April 2024,” said Mushayavanhu.
“The latest sales included coins that had been redeemed by holders.”
The central bank said going forward, further gold coin sales will only be considered once a "sizeable quantity" of redeemed coins accumulates.
Despite halting sales, the RBZ assured the public that all previously issued gold coins remain valid and can still be traded or redeemed.
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