In a bid to motivate licensed miners and fight gold smuggling, the Ghana Gold Board (GoldBod) has introduced a special (temporary) bonus of GHS832 per pound of gold for all licensed Miners across the country.
As a result of this initiative, a pound of gold, which should have sold in the local market for GHS8,868, is today selling at a price of GHS9,700.
This novelty, contained in a press statement released on Wednesday, 27th August 2025, is in response to legitimate complaints from licensed miners about the significant reduction in the local price of gold in the last few months due to the continuous appreciation of the Ghana cedi.
The special bonus will ensure that licensed miners who have contributed immensely to the country’s increased gold output and foreign exchange earnings do not indirectly suffer as a result of the significant appreciation of the Ghana cedi that they have helped the country achieve.
The statement signed by Prince Kwame Minka, Media Relations Officer, said, “The GoldBod has adequately resourced and directed its licensed traders across the country to ensure the prompt payment of this special bonus to all licensed miners who sell their gold to the GoldBod.
