Ghana’s Small-Scale Gold Exports have recorded a remarkable surge, reaching 51.5 tonnes valued at approximately $5 billion in the first half of 2025. This represents a 100% increase in volume and a 180% increase in value compared to the same period in 2024.
The Minister for Finance, Casiel Ato Forson, during the Mid-Year Budget Review in Parliament stated that, “the Ghana Gold Board(GOLDBOD) has initiated reforms to the licensing regime that governs the local gold trading sector and introduced new aggregation systems to effectively mop up gold from the artisanal, small-scale mining sector across the country.”
He further mentioned that those measures have already yielded tangible economic benefits within the short period of operation of the GOLDBOD since its establishment in April 2025, to oversee the local gold trading sector and boost gold production.
The significant growth in small-scale gold exports is expected to have a positive impact on Ghana’s economy, boosting foreign reserves and strengthening the cedi.
By: Josephine Nyorkor Ntreh
