BoG’s quarter-ounce gold coin selling at GH¢9,316.01 on June 1
The Bank of Ghana’s (BoG) gold coins continue to see a drop in investment prices, following the appreciation of the Ghana cedi against the US dollar.
The Central Bank introduced the gold coins as a strategic measure to discourage the hoarding of US dollars.
As of Monday, June 2, 2025, the bank reported the following updated prices:
• The 0.25 oz coin is now selling at GH¢9,316.01, down from GH¢9,386.52 on May 29, 2025.
• The 0.50 oz coin is priced at GH¢17,920.38, down from GH¢18,060.97.
• The 1.00 oz coin is selling for GH¢35,171.08, down from GH¢35,451.88.
According to the Central Bank, the initiative is designed to absorb excess liquidity in the market and help strengthen the Ghana 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.
— Bank of Ghana (@thebankofghana) June 2, 2025
SP/AE
Watch the latest edition of BizTech below:
Click here to follow the GhanaWeb Business WhatsApp channel