en.Wedoany.com Reported - Fidelity Gold Refinery (FGR), Zimbabwe's official gold buyer and exporter, announced its latest gold purchase prices on the same day. Depending on purity, the purchase price per gram ranges from $118.65 to $123.19, and per ounce from $3,690.23 to $3,831.43.
Fidelity Gold Refinery is Zimbabwe's sole official gold purchasing and refining entity, responsible for acquiring gold from small-scale miners, large mining companies, and artisanal miners across the country, refining it, and exporting it to international markets. The company holds a central position in Zimbabwe's gold supply chain, and its announced purchase prices serve as the benchmark pricing for the country's gold industry.
Specific purchase prices are categorized by gold purity as follows:
| Gold Purity | Price (USD/g) | Price (USD/oz) |
|---|---|---|
| 90% and above | 122.54 | 3,811.22 |
| 85% to 90% | 121.24 | 3,770.79 |
| 80% to 85% | 119.94 | 3,730.35 |
| 75% to 80% | 118.65 | 3,690.23 |
| Sample (5-10g) | 116.70 | 3,629.58 |
| Fire Assay (Cash) | 123.19 | 3,831.43 |
The fire assay cash price applies to gold transactions of 100 grams or more, with no sample deduction required; the fire assay transfer price requires a deduction of no more than 10 grams for sampling. These prices reflect the latest pricing levels in Zimbabwe's gold purchase market and have a direct impact on the income of local small-scale miners and artisanal miners.
