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flag Ghana raises gold coin price to stabilize cedi amid fragile recovery.

flag Ghana’s economic recovery remains fragile, heavily dependent on high global gold prices, which have driven a trade surplus and cedi strength. flag The Bank of Ghana raised its gold coin prices to GH¢13,140.30 for a 0.25-ounce coin as of October 14, 2025, to curb dollar hoarding and absorb excess liquidity. flag A drop in gold prices could quickly erode foreign exchange reserves, weaken the cedi, and reignite inflation, forcing tighter monetary policy. flag The newly established Ghana Gold Board (GOLDBOD) has centralized gold exports and boosted reserves to 37.06 tonnes, earning praise from African finance ministers as a model for transparent resource governance.

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