Ghana Gold Board has introduced a strict pricing threshold for licensed gold buyers, setting a new ceiling on how gold purchases must be conducted across the country starting June 24, 2026.
The directive, issued after extensive consultations with stakeholders in the gold trading sector, requires all licensed buyers to adhere to a fixed pricing formula that combines the GoldBod published price at the time of purchase, an approved rate-gap bonus for miners where applicable, and a capped commission for Tier 2 buyers.
Under the new arrangement, Tier 2 buyers are permitted to add no more than GHS 30 from their allocated commission to any gold transaction, a limit the regulator said must not be exceeded under any circumstances.
According to the regulator, the measure is intended to eliminate arbitrary pricing practices that have previously created inconsistencies in the local gold market.
The Gold Board is also tightening enforcement under the Ghana Gold Board Act, 2025 (Ghana Gold Board Act, 2025), warning that breaches of the pricing threshold will constitute an offence. Offenders face a range of sanctions including prosecution, suspension, or outright revocation of operating licences.
In a statement issued on Tuesday, June 23, the Board indicated that compliance will now be closely monitored as part of broader efforts to stabilise the gold trading ecosystem and protect the integrity of licensed operations.
The Board has urged all buyers to strictly adhere to the directive, stressing that enforcement actions will be immediate and uncompromising for violations.
