The Bank of Ghana (BoG) has released updated prices for its Ghana Gold Coin, reaffirming its commitment to promoting domestic investment in gold as part of its broader financial stability measures.
According to the central bank, the prices effective today are projected as 0.25 ounces (oz) going for GH¢9,514.47, 0.50 ounces (oz) going for GH¢18,366.16, 1.00 ounces (oz) going for GH¢36,058.11
The pricing is pegged to previous day’s LBMA PM gold price of $3,314.75 and the Bloomberg REGN USD/GHS exchange rate of 10.4000, ensuring full transparency and consistency with international market trends.
Launched on September 27, 2024, the Ghana Gold Coin is part of BoG’s Gold Purchase Programme aimed at strengthening reserves, managing liquidity, and offering a credible savings instrument to the Ghanaian public. Minted in Switzerland with 99.99% pure gold, the coin comes in three denominations which are 0.25 oz, 0.5 oz, and 1.0 oz and features the national Coat of Arms and the Black Star Gate.
Sales are limited to domestic buyers through selected commercial banks, and each coin is securely packaged with a certificate of authenticity. The Bank has also assured potential investors of a buy-back policy and compliance with anti-money laundering and counter-terrorism financing standards.
The Ghana Gold Coin initiative is widely seen as part of efforts to curb dollar hoarding, promote a culture of savings, and diversify the nation’s monetary tools using its natural gold resources.
