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Ghana’s central bank has launched a high-purity gold coin aimed at protecting personal wealth and giving policymakers a new tool to manage liquidity, reports News Ghana.
First Deputy Governor Zakari Mumuni announced the roll-out of the Ghana Gold Coin (GGC) at the CNVERGE ’25 summit in London, describing it as “not just as jewellery, but as financial security.”
The coin is designed as a hedge against inflation, a store of value during currency swings, and an alternative to volatile equities or bonds. Analysts say it could appeal to diaspora investors seeking stable, tradable assets.
The initiative builds on the Bank of Ghana’s Domestic Gold Purchase Programme, which boosted reserves and supported the cedi. Unlike previous schemes, the GGC is open to individual buyers, reflecting what Mumuni called a “democratisation” of gold ownership.
Challenges include building public trust, ensuring resale markets, and addressing ethical mining concerns. If successful, observers say the GGC could position Ghana as a continental leader in precious-metal-backed finance.
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