Ghana’s gold purchase bonus, administered by GoldBod, has become a central feature of the domestic gold market. Introduced to encourage miners to sell gold through formal channels, the mechanism has helped increase official gold purchases and support foreign exchange reserve accumulation. Recent analysis shows, however, that the bonus has broader macroeconomic and institutional implications that …
Gold surged to a record high above $4,600 per ounce on Monday, while silver also reached a fresh peak, as investors flocked to safe-haven assets amid rising uncertainty over a reported Trump administration criminal probe involving U.S. Federal Reserve Chair Jerome Powell. Spot gold rose 1.7% to $4,584.91 per ounce by 9:30 a.m. ET (1430 …
After one of the most explosive rallies in modern market history, few investors expect gold to pull off a repeat in 2026. But many top money managers are still betting on further gains, arguing that the forces that propelled bullion to a record remain in place. Gold surged 65% in 2025 — its strongest performance …
Gold prices could rise to $5,000 an ounce in the first half of 2026 on geopolitical risks and rising debt, HSBC said on Thursday. However, the bank lowered its average 2026 price forecast for gold to $4,587 an ounce from $4,600, citing risks that rising prices could trigger a correction later in the year. It …
Ghana is being considered by the World Gold Council (WGC) for a multi-country pilot project aimed at demonstrating how technology can be deployed to sanitise the artisanal and small-scale gold mining (ASGM) sector. The proposed pilot, which may also include Peru, is part of the WGC’s exploratory mission to identify practical, scalable solutions to long-standing …
Earlier today, the World Gold Council, led by its Chief Executive Officer, David Tait, held a strategic engagement with the Chief Executive Officer of the Ghana Gold Board(GoldBod), Sammy Gyamfi together with members of the Governing Board of the Gold Board here in Accra. Discussions centered on the formalization of Artisanal and Small Scale Mining …
Nigeria’s Ministry of Solid Minerals Development has recorded a 337 per cent increase in revenue, rising from N16 billion in 2023 to over N70 billion in 2025, under the leadership of Minister Dr Dele Alake. The development was disclosed by the Minister’s Special Assistant on Media, Segun Tomori, who attributed the growth to sweeping reforms …
