Business News of Wednesday, 4 February 2026Source: www.ghanaweb.comThe Bank of Ghana (BoG) has announced plans to end its financing of the Ghana Gold Board (GoldBod) under a new gold policy, as part of efforts to reduce losses in the country’s gold trading operations. According to the central bank, gold has been purchased from local miners at discounted prices rather than prevailing world market rates. BoG dismisses gold loss claims, cites IMF-backed macroeconomic gainsDespite the losses, Dr Kwakye noted that the programme enabled the central bank to accumulate nearly US$10 billion in reserves through gold trading. GoldBod will therefore be able to buy and refine gold directly from miners,” Dr Kwakye explained. Parliament passed the Ghana Gold Board Bill, 2025, into law on Friday, March 28, 2025.

Source: GhanaWeb February 04, 2026 09:35 UTC