The investment prices of the Bank of Ghana (BoG) gold coins are showing varied movements, largely influenced by the recent appreciation of the Ghana Cedi against the US dollar. The Central Bank introduced these gold coins as a strategic measure to curb the hoarding of US dollars and manage market liquidity.
As of Wednesday, June 18, 2025, the BoG released updated prices for its gold coin denominations:
- The 0.25 oz coin is now priced at GH¢9,644.49, a decrease from GH¢9,720.37 recorded on June 16, 2025.
- The 0.50 oz coin has also seen a drop, now selling at GH¢18,575.63 from its previous GH¢18,729.11.
- Conversely, the 1.00 oz coin has experienced an increase, now priced at GH¢36,488.07, up from GH¢35,788.53.
According to the Central Bank, this initiative aims to absorb excess liquidity in the market and contribute to the strengthening of the Ghana Cedi against major international currencies.
The Ghana gold coin is available in three distinct denominations: one-ounce, half-ounce, and quarter-ounce, and can be purchased through commercial banks across the country.
— Bank of Ghana (@thebankofghana) June 18, 2025
Source: http://thepressradio.com
