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.

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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.

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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.

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The program is designed to absorb excess liquidity in the market, reinforcing the Ghanaian Cedi and stabilizing the local currency.

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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.

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The GGC 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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