The gram of Congolese gold recorded a slight increase of 0.07% on international markets, reaching 88.72 USD during the week of November 11 to 16, 2024 against 88.66 USD the previous week, according to a report from the National Mercurial Commission of the Ministry of Foreign Trade.
This increase, although modest, reflects a renewed interest in the precious metal, at a time when global markets remain attentive to fluctuations in raw materials.
Gold, considered a safe haven, benefits from increased demand during times of economic uncertainty, and this increase, however small, illustrates its role in overall investment strategies.
For the Democratic Republic of Congo, an exporter of this mineral, this slight appreciation can strengthen export revenues, providing crucial support to the national economy.
However, the country’s dependence on natural resource exports highlights the need to diversify the economy to avoid being at the mercy of market vagaries.
In a context of global pressures, each increase, even minimal, becomes an opportunity for the Congolese mining sector, which continues to play a pivotal role in national economic balances.
Flora Musiswa
