Finance

Prices of BoG Gold coin reduce on April 28, 2025

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 Monday, April 28, 2025, the Bank reported the following updated prices:

• The 0.25 oz coin is now selling at GH¢12,962.69, down from GH¢13,584.35

• The 0.50 oz coin is priced at GH¢25,068.26, down from GH¢26,304.21.

• The 1.00 oz coin is currently selling for GH¢49,338.36, 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.

 

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. In addition to his media ventures, Solomon serves as a Brand Ambassador for Alabuga, a prominent Russian industrial company, representing their interests and expansion across Africa. 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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