Business
Bank of Ghana Launches Ghana Gold Coin for Investment Opportunities
BoG's Gold Purchase Programme Expands Investment Options
The Bank of Ghana (BoG) has introduced the Ghana gold coin, a groundbreaking investment opportunity for Ghanaians. This initiative, under the gold purchase programme, allows individuals to purchase gold coins in three different ounces at commercial banks nationwide.
According to BoG Governor, Dr. Ernest Addison, “The Ghana gold coin is manufactured from 99% pure gold mined in Ghana.” This move aims to reduce pressure on the local currency, as individuals can now invest in gold instead of buying and hoarding dollars.
Quote: “If you don’t buy dollars, you will buy treasury bills or bonds. We are giving you an opportunity from the domestic gold purchasing program to also buy gold.” – Dr. Ernest Addison
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