All news
Central banks

Ghana’s gold-buying scheme cost central bank $1.7 bn in 2025 – IMF reveals

World Gold brief based on reporting byAsaase Radio
Brief

Reported by Asaase Radio: “Ghana’s gold-buying scheme cost central bank $1.7 bn in 2025 – IMF reveals”. Gold settled at $4,034 an ounce on August 3, 2026 — $129.69 per gram, -0.38% on the day. The headline carries a figure: $1.7 — quoted as published, not independently verified.

Why it matters

Official-sector buying or selling changes physical demand and long-term market expectations. Persistent purchases can support the market, but do not guarantee an immediate price increase.

Transmission channels
  • official reserves
  • physical demand
  • currency confidence
  • long-term expectations
What to watch next
  • next reserve disclosure
  • net purchase volume
  • geographic breadth
  • official confirmation of $1.7
Methodology and transparency

This World Gold brief is based on the headline and available metadata. We do not reproduce the publisher's article or add unverified details. The price on the date of the report is our own data: the daily COMEX futures settlement, converted to grams at 31.1035 g per troy ounce.

Read the full report at the original publisherAsaase Radio
Data on this topicGold price and reserves in GhanaGold price today by currency
Related coverageCentral banksSouth Korea’s central bank to buy gold from domestic producersCentral banksGold's $4,000 Floor Hangs in the Balance as Fed Hawks Circle and China's Central Bank Keeps BuyingCentral banksGold demand proves resilient despite Q2 selloff as central banks return and Asian buying remains strong - WGCCentral banks3 gold demand trends in Q2 2026: Jewellery and ETFs fall, central bank buying soars 411%