The Ghana Gold Board has introduced a special temporary bonus of GH¢832 per pound of gold for all licensed miners across the country.

This brings the price of a pound of gold from GH¢8,868 to GH¢9700 effective Wednesday, August 27, 2025.

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According to the GoldBod, this is to motivate licensed miners and fight gold smuggling.

In a statement made available to GhanaWeb Business on August 27, 2025, the Goldbod said, "This novelty is in response to legitimate complaints from licensed miners about the significant reduction in the local price of gold in the last few months due to the continuous appreciation of the Ghana cedi."

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It added that the special bonus will ensure that licensed miners who have contributed immensely to the country’s increased gold output and foreign exchange earnings do not indirectly suffer as a result of the significant appreciation of the Ghana cedi, which they have helped the country achieve.

"The GoldBod has adequately resourced and directed its licensed traders nationwide to ensure the prompt payment of this special bonus to all licensed miners who sell their gold to the GoldBod," the statement, signed by Prince Kwame Minkah, Media Relations Officer, said.

GoldBod has announced a temporary GHS832 bonus per pound of gold for licensed miners, increasing the local price to GHS9,700 to boost motivation, curb smuggling, and offset the effects of the cedi’s appreciation. pic.twitter.com/sdmaJbh1xh

— Ghana GOLDBOD (@GhanaGOLDBOD) August 27, 2025