The Bank of Ghana (BoG) has announced the latest prices for its flagship investment product, the Ghana Gold Coin, as part of efforts to curb dollar hoarding and stabilize the local currency.
In a release dated Wednesday, April 23, 2025, the BoG revealed that the gold coin—minted with gold sourced and refined in Ghana to 99.99% purity—is now available in three denominations, each priced as follows:
The initiative forms part of the Central Bank’s broader strategy to absorb excess liquidity, reduce speculative demand for U.S. dollars, and bolster the Ghanaian cedi in the foreign exchange market.
“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 Central Bank confirmed in its statement.
The coins are being distributed through commercial banks across the country, making them accessible to both individuals and institutions seeking to invest in a tangible, locally-backed asset.
Analysts view the move as a creative response to Ghana’s ongoing currency pressures, offering investors an alternative store of value that aligns with the country’s resource-driven economy.
Source: Thepressradio.com
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