The Ghana Gold Board (GoldBod) has announced the introduction of an approved pricing threshold that will govern and fix the price at which all licensed gold buyers will be allowed to buy gold from the licensed gold miners and traders from June 24, 2026.
The notice, issued on June 23, 2026, comes after extensive stakeholder engagements and consultations with licensed buyers across Ghana’s gold trading value chain.
Under the new threshold, all licensed gold buyers are required to purchase gold at a price that does not exceed the aggregate of three components — the GoldBod published price at the time of purchase, the approved rate-gap bonus for licensed miners where applicable, and up to GHS 30.00 from the allotted commission for tier 2 buyers at the discretion of the tier 2 buyer.
GoldBod added that any tier 2 buyer can add not more than GHS 30 to the gold buy or sell price and also no licensed gold buyer shall buy gold at a price above the sum of the three aforementioned.
The Gold Board then warned that failure to comply with the approved pricing threshold constitutes a breach of the terms and conditions governing a buyer’s licence and shall amount to an offence under section 63(1)(c) and (2) of the Ghana Gold Board Act, 2025 (Act 1140) with offenders facing either prosecution, suspension of licence, or revocation of licence.
GoldBod added that it counts on the cooperation of all licensed gold buyers to ensure the continued integrity, stability, and sustainability of Ghana’s gold trading ecosystem.
About The Author
