The Bank of Ghana (BoG) has announced an upward adjustment in the prices of its gold coins, reflecting the recent spike in global gold prices.
This move aligns with the central bank’s efforts to align domestic gold investments with international market trends.
The coins, offered in denominations of 0.25oz, 0.50oz, and 1oz, are now priced at GH¢ 11,248, GH¢ 21,623, and GH¢ 42,435, respectively.
This adjustment follows a significant increase in gold prices on the London Bullion Market Association (LBMA), where gold reached $2,715 per ounce on January 20, 2025.
The surge in demand for gold is attributed to growing global economic uncertainties.
The Ghana Gold Coin (GGC) initiative, launched under the BoG’s domestic gold programme, offers Ghanaians an innovative investment option while contributing to broader economic goals.
By absorbing excess liquidity in the market, the programme aims to strengthen the Ghanaian Cedi and enhance the nation’s economic stability.
The central bank has urged investors to monitor global gold price trends and exchange rate fluctuations closely, as these factors directly influence the value of the coins.
With gold being a historically stable asset, the GGC initiative provides an opportunity for individuals to diversify their portfolios, hedge against inflation, and invest in a globally recognised asset.
BoG believes this initiative not only supports individual financial goals but also promotes national economic resilience.
The adjustment in gold coin prices reflects the central bank’s commitment to aligning its policies with global economic realities while creating sustainable investment opportunities for Ghanaians.
