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BoG prices one-ounce Ghana Gold Coin at GH¢55,621

7 months ago
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  • BoG prices one-ounce Ghana Gold Coin at GH¢55,621

The Bank of Ghana has set the price of its one-ounce Ghana Gold Coin at GH¢55,621.06 for Monday, April 20, offering the latest official pricing benchmark for the cedi-denominated bullion instrument as gold continues to anchor interest in hard-asset preservation.

According to the central bank’s pricing sheet, the half-ounce coin was priced at GH¢28,159.02, while the quarter-ounce coin was quoted at GH¢14,450.43. The published figures serve as the official buy/sell prices for the three denominations of the Ghana Gold Coin for the day.

The pricing notice indicates that the valuation was based on an LBMA PM gold price of US$4,870.50 at the previous day’s close, alongside a Bloomberg REGN USD/GHS closing exchange rate of 11.0500.

The latest quote underscores the continued sensitivity of the Ghana Gold Coin’s domestic pricing to two core variables: the international gold price and the cedi-dollar exchange rate. When both remain elevated, the local currency price of the instrument naturally rises, reinforcing its role as a market-linked savings and investment product rather than a fixed-price retail asset.

While the coin is denominated in cedis, its value remains firmly tied to global bullion pricing and foreign exchange movements a reminder that even local safe-haven products continue to take their cue from international markets.

Tags: 621Bank of GhanaBoG prices one-ounce Ghana Gold Coin at GH¢55Central bank’s latest quotation reflects previous day’s LBMA gold close and USD/GHS reference rate
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