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Bank Of Ghana Sets Gold Coin Price at GHS 44,259 Per Ounce

2 months ago
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Bank Of Ghana Sets Gold Coin Price at GHS 44,259 Per Ounce

The Bank of Ghana has fixed the price of its 1-ounce gold coin at GHS 44,259.63 for Wednesday, September 3, 2025, reflecting the latest movements in international bullion markets and the cedi’s exchange rate.

According to the central bank, the 0.5-ounce coin was quoted at GHS 22,490.73, while the 0.25-ounce denomination stood at GHS 11,630.71.

The pricing was benchmarked against the London Bullion Market Association’s (LBMA) afternoon reference price of $3,556.20 per ounce and Bloomberg’s closing cedi-dollar rate of GHS 11.9750 to the dollar.

The gold coin initiative, introduced by the Bank of Ghana in 2021 to deepen domestic gold trade and provide an alternative store of value, continues to track fluctuations in global precious metals markets.

Rising international gold prices in recent months, supported by safe-haven demand and monetary policy uncertainty, have translated into higher local cedi-denominated gold coin prices.

With inflation easing and the local currency showing relative stability, analysts suggest the gold coin could remain attractive for investors seeking a hedge against market volatility.

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