Central Bank Pegs Half-Ounce Gold Coin at GHS 18,354 as Spot Gold Nears $3,313
The Bank of Ghana adjusted its official retail gold coin prices higher on Friday, July 11, 2025, in response to a combination of marginal currency depreciation and firm international gold prices.
According to data published by the Central Bank, the price of the 1-ounce Ghana Gold Coin was set at GHS 36,035.75, marking a notable uptick in cedi terms. The 0.50-ounce and 0.25-ounce denominations were priced at GHS 18,354.98 and GHS 9,535.88, respectively.
The pricing was benchmarked against the previous day’s London Bullion Market Association (LBMA) PM fix of US$3,312.60 per ounce and an interbank USD/GHS rate of 10.40 as quoted by Bloomberg.
The upward revision reflects both elevated global bullion prices driven by geopolitical tensions, persistent inflationary concerns, and strong safe-haven demand, and the marginal weakening of the cedi.
The move comes as the Bank of Ghana seeks to deepen domestic gold market participation and promote asset diversification through its locally-minted gold coin programme, launched in 2022 as part of broader efforts to enhance financial inclusion and formalise the country’s vast artisanal gold reserves.
