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GoldBod announces commencement of Licensing for Gold Service Providers

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GoldBod-announces-commencement-of-Licensing-for-Gold-Service-Providers

GoldBod-announces-commencement-of-Licensing-for-Gold-Service-Providers

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The Ghana Gold Board (GoldBod) has officially commenced the licensing of Service Providers in Ghana’s gold trading sector, effective Wednesday, April 23, 2025.

The initiative is open to Ghanaians aged 18 and above, as well as fully-owned Ghanaian companies, who may apply either online via goldbod.gov.gh or in person at the GoldBod’s main office in Accra.

According to a statement issued, the categories of licenses available for application immediately include: Aggregator License, Self-financing, l Buyer License (Tier 2) and Buyer License (Tier 1).

Additional licenses such as Refining, Smelting, Fabrication, Storage, Transportation, and Importation will be made available starting July 2025.

GoldBod further reiterated its earlier directive requiring all foreigners to exit Ghana’s local gold trading market by April 30, 2025.

“A breach of this directive shall constitute a punishable offense under the Ghana GoldBod Act, 2025 (ACT 1140). A foreigner may however apply to the GoldBod to off-take gold from the GoldBod.
Additionally, the GoldBod in line with its mandate to oversee and regulate the gold trading sector, reiterates its earlier directive for all gold traders to buy and/or sell gold at the official Bank of Ghana (BoG) Reference Rate published on www.bog.gov.gh.”

GoldBod emphasized its commitment to restructuring and streamlining Ghana’s gold trading sector to maximize national benefits

Tags: Buyer LicenseGhana Gold Board (GoldBod)

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