Log In

BoG's quarter-ounce gold coin closes June 30 at GH¢9,386.83

Published 11 hours ago1 minute read

Prices of the Bank of Ghana's (BoG) gold coins have increased slightly in response to the performance of the cedi against the dollar on the interbank foreign exchange market.

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

As of Monday, June 30, 2025, the bank reported the following updated prices:

• The 0.25 oz coin is now selling at GH¢9,386.83 down from GH¢9,508.31, on June 27, 2025.

• The 0.50 oz coin is priced at GH¢18,058.60, down from GH¢18,301.56.

• The 1.00 oz coin is selling for GH¢35,444.48, down from GH¢35,930.42.

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.

Origin:
publisher logo
GhanaWeb
Loading...
Loading...
Loading...

You may also like...