Business News of Wednesday, 9 July 2025

Source: www.ghanaweb.com

BoG's quarter-ounce gold coin moves to sell at GH¢9,514.47 on July 9

Bank of Ghana's gold coin Bank of Ghana's gold coin

The investment price of the Bank of Ghana’s (BoG) gold coins continues to soar, a development attributed to the Ghana cedi’s appreciation against the US dollar.

The Central Bank introduced these gold coins as a strategic measure to discourage the hoarding of US dollars and absorb excess liquidity in the market, ultimately aiming to strengthen the cedi against major foreign currencies.

As of Wednesday, July 9, 2025, the BoG reported the following updated prices for its gold coins:

• The 0.25 oz coin is now selling at GH¢9,514.47, up from GH¢9,499.64 on July 8, 2025.

• The 0.50 oz coin is priced at GH¢18,366.16, up from GH¢18,284.8237.

• The 1.00 oz coin is selling for GH¢36,058.11, down from GH¢35,895.74.

The Ghana gold coin is available in three denominations: one-ounce, half-ounce, and quarter-ounce, and can be purchased through commercial banks.



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