The investment price of the Bank of Ghana’s (BoG) gold coins has appreciated, a development attributed to the strengthening of the Ghana cedi 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.
Cedi firms at GH¢10.50 to $1 on interbank market on August 8
As of Friday, August 8, 2025, the BoG reported the following updated prices for its gold coins:
• The 0.25 oz coin is now selling at GH¢9,853.59, down from GH¢9,822.60 on August 7, 2025.
• The 0.50 oz coin is priced at GH¢18,985.27, down from GH¢18,923.29.
• The 1.00 oz coin is selling for GH¢37,291.79, down from GH¢37,167.83.
The Ghana gold coin is available in three denominations: one-ounce, half-ounce, and quarter-ounce, and can be purchased through commercial banks.
— Bank of Ghana (@thebankofghana) August 8, 2025
SA
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