Finance

BoG announces updated prices for Ghana Gold Coin amid new Investment Drive

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:

  • 0.25 oz coin – GH¢14,352.32

  • 0.50 oz coin – GH¢27,816.13

  • 1.00 oz coin – GH¢54,806.36

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.

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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