The Gold Board (GoldBod) has declared a significant milestone, indicating that the country’s gold export value has topped $5 billion in just the first six months of 2025, outpacing the $4.6 billion total recorded for the full year of 2024.
At a news conference in Accra, GoldBod CEO Sammy Gyamfi attributed the success to regulatory improvements and increased efforts to legitimize Ghana’s gold trade.
“In the whole of 2024, gold exports stood at 66 tons with an export value of $4.6 billion. We have done only six months, and yet we have crossed the $4.6 billion.
“We have gone beyond $5 billion, and in terms of volumes, we have done 50 tons and over, and we are optimistic that by the end of next month, we will have hit 60 tons,” Gyamfi revealed.
He added that the impact of these gains is already being felt within the broader economy, particularly in the stability of the Cedi and the availability of foreign exchange reserves.
“This month alone, we have brought in nothing less than $900 million in forex for the Bank of Ghana.
“So if the Bank of Ghana has enough forex liquidity for the market and for government obligations, and the Cedi is strong and stable, it is because of some of these things the GoldBod is doing,” he stated.
