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Our gold reserves have shot up to 32.99 tonnes in June, a fourfold surge since 2023 – BoG report

July 4, 2025
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A new data release from the Bank of Ghana reveals that Ghana’s gold reserves have increased to 32.99 tonnes as of June 2025.

The central bank notes that this figure represents a significant jump from 31.37 tonnes in April and 32.16 tonnes in May.

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According to the data, this also represents a nearly fourfold increase from the 8.78 tonnes recorded in May 2023. Under the leadership of Governor Dr. Johnson Asiama, the Bank has implemented initiatives aimed at maintaining a healthy level of foreign exchange reserves to ensure economic stability.

To achieve this, the BoG aims to build its reserves to at least three months of import cover, a crucial benchmark for external stability supported by strong gold production, remittances, and improved overall confidence in the Ghanaian economy.

By: Rainbowradioonline.com/Ghana

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