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A minimum of GH₵10,000 needed to invest in Ghana’s Gold Coin – BoG

October 1, 2024
in News
Bank of Ghana unveils Ghana Gold Coin

Ghana Gold Coin

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Dr. Stephen Opata the financial Market Advisor to the Governor of the Bank of Ghana, has revealed that a minimum of GH ₵10,000 is needed to invest in Ghana’s Gold Coins. 

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Speaking on Metro TV’s Bottomline program on Monday, September 30, 2024, Dr. Stephen Opata said, “So initially, obviously, if you want to buy the quarter-ounce coin, you must have savings of ₵10,000 minimum; you must have that. So, if you don’t have that, then you would not be able to do that (invest),”

The financial Market Advisor noted that the BoG’s goal is to promote greater inclusivity by introducing these coins, allowing more people to participate in the investment.

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The Governor of the Bank of Ghana (BoG) Ernest Addison unveiled the Ghana Gold Coin indicating the Ghana Gold is to enable the BoG to mop up extra liquidity from the banking sector and will it supplement the use of BoG bills.

 

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