1.00oz for GH¢51,539: Here is how much BoG Gold Coin costs as of April 15, 2025

BoG Gold Coin

Tue, 15 Apr 2025 Source: www.ghanaweb.com

The Bank of Ghana (BoG) has released the latest prices of its new investment initiative, the Ghana Gold Coin.

The coin was introduced by the Central Bank as a measure to discourage the hoarding of U.S. dollars.

As of Tuesday, April 15, 2025, the Bank reported the following prices:

• The 0.25 oz coin is selling at GH¢13,537.62, down from GH¢13,639.53 the previous day.

• The 0.50 oz coin is selling at GH¢26,183.89, down from GH¢26,387.62.

• The 1.00 oz coin is now priced at GH¢51,539.39, a decrease from GH¢51,947.04 the day before.

According to the Central Bank, this initiative aims to absorb excess liquidity in the market and strengthen the local currency against major foreign currencies.

The Ghana Gold Coin is available in three denominations: a one-ounce coin, a half-ounce coin, and a quarter-ounce coin. These will be sold through commercial banks.

“The Ghana Gold Coin is manufactured from gold mined in Ghana and refined to 99.99 percent purity. It is issued and guaranteed by the Bank of Ghana,” the Bank stated.

SSD/MA