Rising Tin and Gold Prices Signal Economic Boost for the DRC
The Democratic Republic of Congo (DRC), whose economy heavily depends on raw material exports, received a positive boost this week as tin prices saw a 0.92% increase on the international market.
According to the Ministry of Foreign Trade, tin is now trading at $29,533.75 per tonne, up from $29,264.00 the previous week. Additionally, gold prices also rose, climbing from $77.25 to $78.58 per gram as of August 12.
These price increases come after a period of relative stability in the international markets. Given the DRC’s reliance on mining exports, such developments are crucial for the nation’s economic health.
