Bank of Ghana Introduces Ghana Gold Coin with 99.99% Purity for Investment Diversification

   The Bank of Ghana has launched a new currency called the Ghana Gold Coin. This coin is created from locally sourced dowry gold that has been refined to 99.99% purity. 

Dr. Ernest Addison, who is in charge of the central bank, revealed that the coin will be guaranteed and issued by the Bank of Ghana and will be produced in three different sizes: one ounce, half an ounce, and a quarter of an ounce. This variety aims to cater to a wide range of investment needs.

Dr. Addison also explained that introducing this gold coin is part of the bank's plan to manage the surplus money circulating in the banking system. This initiative will work alongside existing tools such as Bank of Ghana bills and overnight deposits.

 The Ghana Gold Coin will be accessible through commercial banks within a fortnight, and the prices will be made public on the official platforms of the Bank of Ghana within that period.