Business News of Thursday, 26 June 2025

Source: www.ghanaweb.com

BoG Gold Coin: One-ounce sells at GH¢35,824.51 on June 26

Gold coin is a strategic measure to discourage the hoarding of US dollars Gold coin is a strategic measure to discourage the hoarding of US dollars

Prices of the Bank of Ghana's (BoG) gold coins have seen some declines following the continuous stability of the Ghana cedi against the US dollar.

The Central Bank introduced the gold coins as a strategic measure to discourage the hoarding of US dollars.

As of Thursday, June 26, 2025, the bank reported the following updated prices:

• The 0.25 oz coin is now selling at GH¢9,481.09 down from GH¢9,423.17, on June 25, 2025.

• The 0.50 oz coin is priced at GH¢18,248.15, down from GH¢18,123.99.

• The 1.00 oz coin is selling for GH¢35,824.51, down from GH¢35,594.78.

According to the Central Bank, the initiative is designed to absorb excess liquidity in the market and help strengthen the Ghana cedi against major foreign currencies.

The Ghana gold coin is available in three denominations: one-ounce, half-ounce, and quarter-ounce, and it is being sold through commercial banks.