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    You are at:Home»News»BoG to reintroduce gold coin to promote ownership and celebrate Cedi@60
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    BoG to reintroduce gold coin to promote ownership and celebrate Cedi@60

    Papa LincBy Papa LincJuly 31, 2025No Comments2 Mins Read6 Views
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    BoG to reintroduce gold coin to promote ownership and celebrate Cedi@60
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    The Bank of Ghana has announced plans to reintroduce the gold coin as part of activities marking 60 years of the Cedi.

    Governor of the Bank, Dr Johnson Asiama, said the initiative aims to make it easier for ordinary Ghanaians to own gold and connect with the country’s rich gold heritage.

    Speaking at the central bank’s 125th Monetary Policy Committee press briefing on July 30, 2025, Dr Asiama explained that the relaunch forms part of efforts to promote financial inclusion and broaden public access to gold investment.

    “Even though there is a lot of interest in the Gold Coin, we need to relaunch it as part of the Cedi@60 celebrations. We are coming back stronger with this programme. Every Ghanaian should be able to buy some form of gold, and that is exactly what this initiative intends to achieve,” he said.

    According to the Central Bank, the move also aligns with Ghana’s strategy to include gold in its reserves and help stabilise the local currency at a time when global demand for gold remains high.

    The Ghana Gold Coin was originally introduced to offer people more investment options and support the country’s financial system. It was also designed to help reduce excess liquidity in the economy and strengthen the Cedi against foreign currencies.

    The relaunch is expected to make gold ownership more accessible to everyday Ghanaians while providing a secure and valuable savings option.

    DR/MA

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