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Cedi@60: BoG to relaunch Gold Coin to encourage gold ownership

 


The Bank of Ghana (BoG) has announced plans to relaunch the gold coin as part of its Cedi at 60 commemorative program, aimed at deepening public access to gold ownership and enhancing financial inclusion.

Speaking at a125th MPC press briefing on Wednesday, July 30, 2025, Governor of the Bank of Ghana said the initiative is designed to ensure that every Ghanaian has the opportunity to own a form of gold, reflecting the country’s heritage as one of the world’s leading gold producers.

“Even though there is a lot of interest in the Gold Coin, we need to relaunch it as part of the Cedi @60 programmes. We are coming back stronger on that programme. Every Ghanaian should be able to buy some form of gold, and that is exactly what this program intends to achieve,” he said.

The move comes at a time when global demand for gold remains strong, and Ghana continues to prioritize gold in its reserves management and currency stabilization efforts.

The Ghana Gold Coin was officially introduced as a new financial instrument to diversify investment options for the public. The aim was to offer the public an innovative investment avenue while bolstering the country’s financial instruments portfolio.

As part of the domestic gold programme, this initiative sought to absorb excess liquidity in the market and strengthen the local currency against major trading currencies.

With the Cedi at 60 initiative, the BoG is reviving the concept to commemorate six decades of Ghana’s national currency while offering a tangible store of value for everyday citizens.

Economists say the program could serve as a low-risk savings option for households and further support efforts to develop a local gold market.

The Cedi at 60 celebrations also include educational campaigns, public exhibitions, and policy forums highlighting the evolution of Ghana’s currency and its role in national development.

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