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GoldBod, GCX Partner to Roll Out Gold Trading on Commodity Exchange

1 year ago
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GoldBod, GCX Partner to Roll Out Gold Trading on Commodity Exchange

The Ghana Gold Board (GoldBod) and the Ghana Commodity Exchange (GCX) have initiated discussions aimed at promoting gold trading on the GCX platform, in a move expected to expand access to gold ownership and investment opportunities for individuals and institutions.

The collaboration will explore innovative gold trading models, including tokenization and Exchange-Traded Funds (ETFs), to create new avenues for investment and wealth creation.

The initiative seeks to formalize and modernize gold trading in Ghana, while positioning the country as a key player in structured gold markets across Africa.

GoldBod has also begun similar engagements with the Securities and Exchange Commission (SEC) to ensure that the frameworks for gold investment instruments meet regulatory and investor protection standards.

The Board has assured that it will update the public once the discussions are finalized.

The partnership represents a strategic step in Ghana’s efforts to leverage its gold resources more effectively, offering Ghanaians innovative and transparent ways to invest in the nation’s most valuable mineral.

Tags: GCX Partner to Roll Out Gold Trading on Commodity ExchangeGoldBod
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