The Ghana Gold Board (GoldBod) has exceeded $5 billion in gold export revenue within just the first half of 2025—outpacing the total $4.6 billion recorded for the entire year of 2024.
CEO Sammy Gyamfi shared the announcement at a press conference in Accra, calling it a strong signal of the success of recent regulatory reforms and the formalization of the gold trade under the Ghana Gold Board Act, 2025 (Act 1140).
According to Gyamfi, over 50 tonnes of gold have been exported so far this year, and the Board is confident of reaching 60 tonnes by the end of July. This growth is driven by tighter compliance, better oversight, and a streamlined licensing system introduced under the new Act.
“In all of 2024, gold exports totaled 66 tonnes with a value of $4.6 billion. In just six months of 2025, we’ve already surpassed $5 billion in export value, with over 50 tonnes exported,” he noted.
GoldBod’s activities are also contributing directly to Ghana’s macroeconomic stability. In June alone, the agency delivered $900 million in foreign exchange to the Bank of Ghana.
“If the cedi remains strong and the central bank has sufficient forex to meet market and government needs, it’s due in large part to GoldBod’s interventions,” Gyamfi added.
As of July 1, all individuals and entities trading in gold without a valid GoldBod license are doing so illegally. Licenses previously issued by the now-defunct Precious Minerals Marketing Company (PMMC) and the Ministry of Lands and Natural Resources are no longer valid under the new legal framework.
