BoG prices quarter-ounce gold coin at GH¢10,855 as of May 21

The Central Bank introduced the coin as a strategic measure to discourage the hoarding of the US dollar.
As of Wednesday, May 21, 2025, the Bank reported the following updated prices:
– The 0.25 oz coin is now selling at GH¢,10,855.38 down from GH¢10,866.20 on May 21, 2025.
– The 0.50 oz coin is priced at GH¢20,935.80, down from GH¢21,953.15.
– The 1.00 oz coin is selling for GH¢41,145.99, down from GH¢41,176.92.
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.
Source: www.ghanaweb.com