Gold Price in Ghana: Top Guide to Prices, Where to Buy & Shipping Requirements
Gold Price in Ghana: Ghana, famously known as the “Gold Coast”, is one of the top gold producers in Africa and a leading player in the global gold market. With its rich gold reserves, a well-established mining sector, and a long-standing tradition of gold trade, Ghana attracts gold buyers from around the world.
Whether you’re an investor, jeweler, or collector, the country offers multiple opportunities for acquiring high-quality gold. However, before making any purchase, it’s crucial to understand the current gold price in Ghana, the cost of different gold weights such as grams, ounces, and kilos, and where to find reputable gold sellers in Ghana.
Explore with us the latest gold prices in Ghana, trusted places to buy gold, and essential tips for buying gold in Ghana safely and legally.
Gold price in Ghana today: 24K Gold Price Ghana
Gold prices in Ghana reflect global bullion rates, exchange rate fluctuations, and local market factors. The price of gold in Ghana is typically quoted in U.S. dollars, but conversions to Ghanaian Cedi (GHS) are standard locally. Key influences include global demand, supply, exchange rates, inflation, and local premiums or duties.
Current 24K gold price in Ghana
Gold Weight | Approx. Price (USD) |
---|---|
1 gram | $108.09 |
≈10 grams (“blade”) | $1,080.90 |
1 ounce | $3,364.84 |
1 kilogram | $108,090.00 |
12.5 kg bar | $1,351,125.00 |
- These figures are derived from a live spot price of 24K gold per gram at about 1,129 GHS, with exchange rate of around 10.45 GHS = 1 USD
- For comparison, earlier estimates had the gold rate per gram in Ghana at $65 and 1kg gold price in Ghana is at $108,090; today’s rate is much higher—around $108 per gram, reflecting current international gold valuation and currency rate.
Gold Price Chart Ghana
The chart beloow plots the movement of 24K gold prices per gram in Ghanaian Cedi (GHS) from mid‑2024 to mid‑2025, showing typical daily and monthly changes
1 kg gold price Ghana
The 1 kg gold price in Ghana is approximately $108,090, based on the current rate of $108.09 per gram for 24K gold. This price is competitive across Africa due to Ghana’s strong gold production.
When compared to other top gold-producing countries, Ghana offers slightly lower rates due to proximity to mines and fewer middlemen. Below is a comparison table:
Country | 1 Kg Gold Price (USD) |
---|---|
Ghana | $108,090 |
South Africa | $108,450 |
Nigeria | $109,200 |
Uganda | $108,700 |
How Much is 1 Blade of Gold in Ghana?
A “blade” of gold in Ghana typically refers to a weight of approximately 10 grams. As of the current gold market rate, 1 blade of gold in Ghana is priced at around $650 USD. This price may vary slightly depending on the dealer and the purity of the gold.
How Much is a Bar of Gold in Ghana?
A standard gold bar weighs 12.5 kilograms (commonly referred to as a “Good Delivery” bar in international markets). In Ghana, a bar of gold weighing 12.5 kg is priced at approximately $812,500 USD. This price reflects the global market rate and includes any local fees or taxes associated with purchasing gold in Ghana.
Where to buy 24k gold in Ghana
If you’re looking to buy gold in Ghana, there are several options available. Here are the most common places to buy gold in the country:
Licensed Gold Dealers:
Ghana has a number of licensed gold dealers who operate under the supervision of the Precious Minerals Marketing Company (PMMC), a government agency that regulates the gold trade. These dealers are a reliable source for purchasing gold, ensuring you receive authentic, certified products.
You can find licensed dealers in major cities like Accra, Kumasi, and Takoradi. Always ask for certification to ensure the legitimacy of the dealer.
The Precious Minerals Marketing Company (PMMC):
PMMC is the official government body responsible for the purchase and sale of precious minerals, including gold. PMMC ensures that all transactions are legal and transparent, making it one of the safest places to buy gold in Ghana.
The company also offers assay services to verify the purity of gold, giving buyers confidence in the quality of their purchases.
Gold Mining Areas:
Regions like Tarkwa, Obuasi, and Prestea are home to some of the largest gold mines in Ghana. In these areas, you can purchase gold directly from small-scale miners or licensed traders. However, caution is advised, as buying gold from unlicensed sellers can be risky and may lead to legal complications.
Always verify the legitimacy of the seller and request assay certificates to ensure the purity of the gold.
Gold Markets:
Local gold markets, especially in mining regions, offer a variety of gold products, from gold bars to nuggets and dust. Visiting these markets allows buyers to compare prices and negotiate directly with sellers.
Why is gold expensive in Ghana?
Gold is expensive in Ghana due to a combination of global and local factors. Internationally, gold prices are driven by demand, inflation, and market speculation. Locally, the cost increases because of government royalties, export duties, refining costs, and security logistics involved in gold trade.
Additionally, Ghana’s gold is mostly of high purity (24K), which naturally commands higher value. Limited access to large-scale refineries and high operational costs for small-scale miners also contribute to pricing.
Despite this, Ghana remains a competitive source due to proximity to mines and legal export channels. Buyers still gain value through bulk or direct deals.
How is gold priced in Ghana?
Gold in Ghana is priced based on the international spot price, typically quoted in U.S. dollars per ounce, then converted into Ghanaian Cedi (GHS) using the prevailing exchange rate.
Local pricing also factors in purity level (e.g., 24K, 22K), refining costs, transportation, taxes, and export duties. Dealers often add a premium depending on market demand, quantity purchased, and the source—whether it’s from a licensed refinery or an artisanal miner.
Prices can fluctuate daily due to global market trends, inflation, and currency fluctuations. To ensure fairness, buyers should always check the live gold price in Ghana before purchasing.
Gold purity levels in Ghana
In Ghana, gold is sold in various purity levels, with the most common being:
Purity Level | Karat (K) | Purity (%) | Description |
---|---|---|---|
24K gold | 24K | 99.9% | Pure gold, used for investment & bars |
22K gold | 22K | 91.6% | Common for jewelry, durable & valuable |
18K gold | 18K | 75% | Used for high-end jewelry |
14K gold | 14K | 58.3% | Less pure, affordable jewelry option |
24K gold in Ghana is the most sought after by investors and exporters, while 22K gold is popular in the local and regional jewelry markets. Always ask for an assay certificate to confirm the gold’s purity before purchase, especially when dealing with large quantities.
Buy Gold in Accra
Trusted gold dealers in Ghana
When buying gold in Ghana, it’s crucial to work with trustworthy sellers to avoid scams or purchasing counterfeit gold. Here are a few tips for identifying reputable gold sellers in Ghana:
Licensed Dealers: Always purchase from sellers who are licensed by the PMMC or the Minerals Commission of Ghana. Licensed dealers are more likely to follow legal procedures and provide certified gold.
Due Diligence: Before making any transaction, conduct thorough research on the dealer or seller. Check their background, ask for references, and ensure they have a legitimate business operation. You can also request an assay report, which certifies the purity of the gold.
Avoid Cash Transactions: Cash transactions can be risky, especially when dealing with large sums. Use secure payment methods such as bank transfers, and always get a receipt of payment for documentation purposes.
Check for Scams: Unfortunately, the gold trade in Ghana has been associated with various scams, especially targeting international buyers. Be cautious of sellers who offer prices significantly lower than the market rate, as this is often a red flag.
Ensure all transactions are transparent and that the seller is willing to provide the necessary documentation for the export of gold.
About Gold price Fluctuations in Ghana
Gold price fluctuations in Ghana are influenced by various factors, including global market trends, currency exchange rates, and local supply and demand dynamics.
As a major gold producer, Ghana’s prices are often tied to international gold prices, which can fluctuate based on geopolitical events, economic stability, and investor sentiment.
Additionally, changes in the value of the Ghanaian cedi against the US dollar can impact local gold prices. Seasonal demand, mining output, and government policies also play roles in shaping price trends.
As such, gold prices in Ghana can experience both short-term volatility and long-term stability depending on these influences.
Factors influencing Ghana Gold Price
Export gold from Ghana to USA/UK/Dubai: What You need to know
If you’re an international buyer planning to export gold from Ghana, it’s important to understand the necessary procedures and documentation required by Ghanaian authorities.
- Export License: The seller must have a valid export license from the Minerals Commission or the PMMC to legally export gold from Ghana.
- Assay Certificate: This certificate is issued after the gold is assayed and verifies its purity and weight. The assay is performed by PMMC or an accredited third party.
- Export Permit: The seller must also obtain an export permit, which allows them to export the gold legally out of the country.
- Certificate of Origin: This document certifies that the gold originated in Ghana and is required for customs clearance in many countries, including the USA.
- Customs Declaration: All gold exports must be declared to Ghanaian customs authorities. Failure to do so can result in penalties or confiscation of the gold.
Top 7 Licensed Gold Trading Companies in Ghana
1. Buy Gold Bars Africa Ltd – Ghana Division
Gold Buyers Africa is a licensed gold trading and export company based in Accra, Ghana. They specialize in 24K and 22K gold bars, nuggets, and dust, offering secure shipping to the UAE, India, USA, and Europe. Known for transparency, they provide escrow services and adhere to Ghana’s legal gold export regulations.
With international credibility and a strong client base, they are a trusted choice for private investors, foreign buyers, and bulk traders seeking compliance and convenience.
2. Asanska Jewellery Ltd
Asanska Jewellery operates in both Kumasi and Accra, offering gold refinery services, custom jewelry, and gold trading solutions. As a Ghana Free Zones company, it benefits from tax incentives and exports gold jewelry globally.
Known for its certified gold purity and transparent pricing, Asanska caters to wholesale buyers, jewelers, and private investors looking for refined gold and ornaments.
With years of experience and local credibility, it serves as both a local hub and international supplier of high-quality gold.
3. PMMC (Precious Minerals Marketing Company)
The Precious Minerals Marketing Company (PMMC) is Ghana’s state-owned regulatory body responsible for certifying and exporting all precious minerals. All legal gold exports must pass through PMMC for testing and documentation, ensuring compliance with Ghana’s mining laws.
They support gold valuation, purity certification, and licensing, making them essential for international buyers. PMMC is the go-to authority for gold export legitimacy and trusted verification, safeguarding both traders and investors against scams and illegal mining practices in the gold trade.
4. BGI Gold Ghana Ltd
Based in Accra, BGI Gold Ghana Ltd is a gold mining and trading firm that deals in investment-grade gold bars ranging from 100g to 1kg. Their services include export processing, transaction licensing, and buyer monitoring for compliance.
With a strong focus on serving international buyers, BGI ensures smooth, bulk gold purchases for clients seeking secure and certified supply chains. Their strength lies in supporting large-volume gold exports with guaranteed documentation and government alignment for safe transactions abroad.
5. Noble Gold Ghana Limited
Noble Gold Ghana Limited, located in East Legon, is a gold sourcing and export company known for connecting buyers with licensed small-scale miners across Ghana.
They provide investment-grade gold bars and assist foreign clients with due diligence and secure gold delivery. Noble Gold’s reliability, industry partnerships, and full export documentation make it ideal for investors looking for trustworthy procurement directly from mines.
They focus on ethical sourcing and legal compliance, making them a smart choice for conscious buyers.
6. Geo-Tech Systems Ltd
Geo-Tech Systems Ltd is a Minerals Commission-accredited gold testing and assay company in Ghana. They provide independent gold valuation, quality verification, and support services for exporters and buyers.
Their role is crucial in certifying gold before trade, offering third-party assurance for foreign clients. Geo-Tech ensures accurate karat assessment, avoiding scams and overvaluation.
Their expertise strengthens trust in gold transactions, especially for new investors needing confidence in the physical purity and authenticity of gold being bought or exported from Ghana.
7. Maxam Ghana Gold Trading
Maxam Ghana offers end-to-end gold trading solutions with a focus on international buyer needs. Known for a reliable gold supply chain and physical delivery options in Ghana or Dubai, they serve companies and long-term investors.
Their streamlined logistics, consistent availability, and adherence to export regulations make them a preferred partner for repeat bulk buyers. Maxam facilitates secure procurement and export, reducing risk and delays.
Their services support serious gold investors seeking dependable and fully compliant trading arrangements.
Ghana Minerals Commission Gold Regulations
The Ghana Minerals Commission is the official regulatory body overseeing the country’s mineral resources, including gold. It enforces strict gold trade regulations to ensure all transactions comply with national laws and international standards.
To buy or export gold legally in Ghana, individuals or companies must:
Register with the Minerals Commission
Obtain a gold export license or operate through a licensed gold exporter
Conduct transactions through designated channels like PMMC (Precious Minerals Marketing Company)
Ensure all gold is tested and certified for purity before export
Adhere to anti-money laundering (AML) and due diligence procedures
We operate in full compliance with these Ghana gold regulations, working only with licensed gold dealers and exporters. This guarantees that every transaction is safe, legal, and traceable, giving our clients peace of mind when purchasing or investing in gold from Ghana.
How to Avoid Gold Scams in Ghana
While Ghana is a trusted source for gold, scams remain a serious risk—especially for first-time or foreign buyers. To avoid gold scams in Ghana, follow these key tips:
Work only with licensed gold dealers approved by the Ghana Minerals Commission.
Request assay reports and export documentation from recognized entities like the Precious Minerals Marketing Company (PMMC).
Avoid street sellers or unregistered agents offering deals that seem “too good to be true.”
Always inspect gold before payment—verify purity with certified labs or partner dealers.
Use a secure payment method and demand official receipts and agreements.
Conduct due diligence—check for company registration, license number, and past reviews.
Work with experienced gold buying agents in Ghana or trusted partners like us who operate legally and transparently.
We help clients safely buy gold in Ghana by connecting them to verified sellers, supervising transactions, and ensuring compliance with all legal procedures.
Conclusion
Ghana’s gold market offers a wealth of opportunities for buyers, but understanding the price of gold and the best practices for purchasing it is essential. With competitive pricing, reliable dealers, and a government-regulated industry, Ghana remains an attractive destination for gold buyers.
Whether you’re purchasing a blade of gold, a gold bar, or gold jewelry, doing your due diligence and working with licensed sellers will ensure a safe and successful transaction.
By following the correct legal procedures, you can export your gold from Ghana securely and without complications
Ready to Buy Gold in Ghana? Let’s Make It Safe and Profitable for You
Whether you’re an investor, jeweler, or first-time buyer, we’re here to help you secure high-quality gold in Ghana at the best market rates.
We work only with licensed gold dealers, verified by the Ghana Minerals Commission, ensuring every transaction is legal, certified, and transparent.
👉 Contact us today to get started with a trusted partner who understands the gold trade in Ghana.
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