The Ghana Gold Board (GoldBod) has announced a special temporary bonus of GH¢832 per pound of gold for all licensed miners across the country, effective Wednesday, August 27, 2025.
The initiative, according to the Board, is aimed at motivating licensed miners and curbing gold smuggling, while cushioning miners against the recent fall in local gold prices caused by the appreciation of the Ghana cedi.
As a result of the bonus, the price of a pound of gold, which would have sold on the local market for GH¢8,868, is now trading at GH¢9,700.
GoldBod explained that the measure responds to complaints from licensed miners about losing out despite their immense contribution to increased national gold output and foreign exchange earnings.
The Board further assured that it has adequately resourced and directed its licensed traders nationwide to ensure prompt payment of the bonus to all miners who sell their gold through official channels.