The Bank of Ghana (BoG) has released the latest prices for its new investment initiative, the Ghana Gold Coin.
The Central Bank introduced the coin as a strategic measure to discourage the hoarding of U.S. dollars.
As of Friday, May 2 2025, the Bank reported the following updated prices:
• The 0.25 oz coin is now selling at GH¢12,441.05, down from GH¢13,584.35 at the end of last month.
• The 0.50 oz coin is priced at GH¢24,036.96, down from GH¢26,304.21.
• The 1.00 oz coin is selling for GH¢47,286.35, down from GH¢51,786.07.
According to the Central Bank, the initiative is designed to absorb excess liquidity in the market and help strengthen the Ghanaian cedi against major foreign currencies.
The Ghana Gold Coin is available in three denominations; one ounce, half-ounce, and quarter-ounce, and is being sold through commercial banks.
“The Ghana Gold Coin is manufactured from gold mined in Ghana and refined to 99.99 percent purity. It is issued and guaranteed by the Bank of Ghana,” the Bank stated.
— Bank of Ghana (@thebankofghana) May 2, 2025
SSD/MA
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