The Bank of Ghana (BoG) has announced a modest price adjustment for its gold coins, in line with the recent surge in global gold market prices.The coins, available in 0.25oz, 0.50oz, and 1oz denominations, are now priced at GHS 11,248, GHS 21,623, and GHS 42,435, respectively.

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This price increase coincides with gold prices on the London Bullion Market Association (LBMA) reaching $2,715 per ounce on January 20, 2025, fueled by high demand amidst global economic uncertainties.The BoG’s Ghana Gold Coin (GGC) initiative, launched as part of its domestic gold strategy, provides Ghanaians with a viable alternative investment while addressing broader economic challenges.<img

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alt="" class="wp-image-737331"/>The program is designed to absorb excess liquidity in the market, reinforcing the Ghanaian Cedi and stabilizing the local currency.The central bank urges investors to closely monitor fluctuations in gold prices and exchange rates, as these elements directly affect the value of the gold coins.The GGC

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initiative presents an excellent opportunity for individuals to diversify their investment portfolios, participate in the global gold market, and contribute to both their financial well-being and the country’s economic resilience.

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