Market

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

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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