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Ghana’s forex reserves surges to over $897m in April - Goldbod

8th May 2025 1:00:57 PM

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Ghana’s gold export earnings surged in April 2025, recording over $897 million in revenue, according to fresh data released by the Ghana Gold Board (Goldbod).It attributed this to unprecedented small-scale gold exports by the NDC/Mahama government.

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The monthly update shows that the country exported 9,295.3424 kilograms of gold during the period, translating to $897,602,696.37 in value — the highest so far in 2025.

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This marks a continued upward trend from previous months.

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In March 2025, Ghana exported 8,328.4160 kilograms of gold worth $742.646 million, while February recorded 6,677.0561 kilograms valued at $579.686 million.

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Since January 2025, the country has earned a total of over $2.7 billion from gold exports, with 30,479.5054 kilograms of gold shipped within the first four months of the year.

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The April figure also represents a significant jump compared to April 2024, when Ghana exported 5,374.2771 kilograms for $304.7 million.

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The Ghana Gold Board attributed the growth to improved monitoring systems, increased refining capacity, and a broader gold buying program under the government’s domestic gold purchase policy.

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