Zimbabwe’s gold exports for the nine months to September 2025 surged 71 percent, according to the latest statistics from the Reserve Bank of Zimbabwe.
From January to September, gold exports reached a staggering US$1,93 billion, a massive jump from the US$1,1 billion recorded over the corresponding period in 2024.
The comparison between the two years shows a consistent upward trajectory, with 2025 figures surpassing 2024 in every month except May.
The massive year-on-year growth is largely attributed to a combination of factors.
International gold prices have remained at elevated levels throughout 2025, significantly boosting the value of the exports.
Global demand for the safe-haven asset amidst geopolitical and economic uncertainty has also played a critical role.
Initiatives to formalise the artisanal and small-scale mining (ASM) sector and offer competitive, prompt payment for gold deliveries appear to be paying off.
A significant portion of the growth is believed to be channelled through legitimate export channels, reducing leakages.
Higher production volumes, particularly from the small-scale sector, have contributed substantially to the overall increase in export value.
The months of June, August, and September were particularly strong, each recording an increase of over 100 percent compared to the previous year. – Herald
