BoG cuts gold exposure by 50% on concentration concerns

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  • Truth Table 6 hours ago

    “I am the good shepherd. The good shepherd lays down his life for the sheep. (John 10:11) ..
    .. .
    ONLY Jesus saves

  • Kofi Akwetey 5 hours ago

    Why is BOG selling our gold reserves at a time when gold prices are increasing every day on the world market? As the dollar continues to lose value due to Donald Trump's shenanigans, all serious countries are increasing their ...
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  • Pris 4 hours ago

    THEY JUST DIDNT SELL THE GOLD TO KEEP THE DOLLARS UNDER THEIR BEDS MY FRIEND...THEY HAVE INVESTED THE DOLLARS INTO OTHER PROFIT YIELDING INSTRUMENTS....GOLD PRICE IS GOING UP BUT YOU ALSO DONT KNOW THE RETURNS THEY MAY BE MA ...
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  • Kwame 46 minutes ago

    What profit yielding instrument are you talking about? BOG is very short sighted

  • Kay 5 hours ago

    That's a smart move. Take advantage of the price now before it begins to fall drastically again. It's a volatile commodity.

  • Patriot 3 hours ago

    Close scrutiny of the Governor’s statements shows a deliberate effort to not state the real reason for reduction of the gold reserves, which implies a sale, and for what purpose when gold is rallying on geopolitical concern ...
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  • It is to get dollars to source up the cedi. 30 minutes ago

    Common sense will tell you th3y are selling gold to get more dollars to keep the cedi artificially in good stead.