Ghana’s gold reserves increased by 7.42 tonnes between January and October 2025, following sustained purchases under the Bank of Ghana’s (BoG) domestic gold acquisition programme.
Data from the Central Bank indicated that Ghana’s official gold holdings were 30.62 tonnes as of January 31, 2025. Through consistent monthly acquisitions, this amount increased to 38.04 tonnes by October 31, 2025.
The BoG said the accumulation forms part of a broader strategy to strengthen the country’s reserve position, reduce exposure to external vulnerabilities and diversify away from traditional foreign currency assets.
The domestic gold purchase programme has become a key component of Ghana’s monetary and reserve management efforts, supporting the Bank’s drive to build a more resilient buffer against global economic shocks.
