Specific Price Point and Date
October 6 marked a milestone for Ghana’s gold investment market as the Bank of Ghana’s 1 oz gold coin reached an unprecedented price of GH¢50,472.23. This record valuation represents the highest point recorded for the BoG gold coin since its introduction, highlighting the growing interest in precious metal investments within the Ghanaian economy.
On the same day, the 0.50 oz variant was priced at GH¢25,605.77, maintaining the proportional pricing model between the two denominations.
These price points capture a specific snapshot of market conditions on October 6, reflecting multiple economic factors including global gold prices, local currency valuation, and market demand. The pricing announcement came through official Bank of Ghana channels and was reported by multiple financial news outlets, confirming the significant price milestone.
Availability and Denominations
The Bank of Ghana offers its gold coins in multiple denominations to accommodate different investment appetites and budgets. While the 1.00 oz and 0.50 oz denominations receive the most attention in market reports due to their popularity among investors, the BoG has designed its gold coin program to be accessible at various investment levels.
Each denomination features the same design elements and gold purity but differs in physical size and weight, with pricing set accordingly. The Bank of Ghana maintains strict control over pricing, with regular updates published through official channels to ensure market transparency. These updates typically reflect changes in underlying gold values and currency exchange rates, allowing investors to track performance over time.
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The central bank’s direct involvement in setting prices distinguishes the BoG gold coins from some other gold investment products, providing an additional layer of institutional backing that many investors find appealing.
Contextualizing the Price
The October 6 price point of GH¢50,472.23 for the 1 oz coin represents more than just a number – it marks a significant milestone in the coin’s market trajectory. Just five days earlier, on October 1, 2025, the same coin was valued at GH₵49,131.99, while the 0.50 oz denomination stood at GH₵24,933.33. This rapid appreciation of approximately 2.7% within less than a week underscores the dynamic nature of gold pricing in Ghana’s investment landscape.
Beyond the standard BoG offerings, Ghana’s gold coin market includes other specialized series targeting collectors and numismatic enthusiasts. For instance, the Ghana Alien Invasion series features 1/10th oz gold coins with unique designs commanding premium prices – with 2023 editions valued at approximately $426.23 each. These collector-focused offerings operate in a different market segment compared to the BoG investment-grade coins but demonstrate the diversity of Ghana’s gold coin ecosystem.
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Understanding these price points requires considering multiple context factors: global gold market movements, Ghana’s economic conditions, currency exchange rates, and the specific objectives of the Bank of Ghana’s gold coin program. The October 6 pricing reflects this complex interplay of factors, capturing a moment when multiple market conditions aligned to produce record valuations.
