Connect with us

BUSINESS

Gold Coin Prices Drop Amid Cedi Strength: A Strategic Opportunity for Investors

Published

on

Accra, Ghana – May 14, 2025

The Bank of Ghana’s (BoG) gold coins have experienced a notable price reduction, presenting a timely opportunity for individuals and organizations to invest in this stable asset. This price drop is closely linked to the recent appreciation of the Ghanaian cedi against the U.S. dollar.

Price Trends:

As of April 25, 2025, the BoG announced the following prices for its gold coins:(Ghanamma.com) 0.25 oz coin: GH¢13,423.78 (down from GH¢13,584.35)

0.50 oz coin: GH¢25,977.60 (down from GH¢26,304.21)

1.00 oz coin: GH¢51,145.71 (down from GH¢51,786.07)(GhanaWeb)

These reductions represent a decrease of approximately 1.18% across the denominations (Ghanamma.com)

Cedi Appreciation:

The Ghanaian cedi has shown significant strength, trading at GH¢13.20 to the U.S. dollar as of May 8, 2025, up from GH¢14.00 the previous week. This appreciation enhances the purchasing power of the cedi, making gold coins more affordable for local investors.(Reuters)

Advantages of Investing in BoG Gold Coins:

Wealth Preservation: Gold is a time-tested hedge against inflation and currency fluctuations.

Liquidity: BoG gold coins are recognized and can be easily converted to cash when needed.

Support for National Economy: Investing in these coins supports the BoG’s initiatives to

stabilize the economy and reduce reliance on foreign currencies.(GhanaWeb)

Call to Action:

With the cedi’s current strength and the reduced prices of gold coins, now is an opportune time for

both individuals and organizations to invest in this asset. Such investments not only offer personal

financial benefits but also contribute to the broader goal of national economic stability.

For more information on purchasing BoG gold coins, please visit the official Bank of Ghana website.

Written by; Paa Gyawu 

Advertisement