By: Ashiadey Dotse
The Ghana Gold Board (GoldBod) has officially started issuing licenses to service providers in the gold trading sector, beginning today, Wednesday, April 23, 2025.
In a press release, GoldBod announced that any Ghanaian aged 18 or above, or a fully Ghanaian-owned company, can apply for a license. Applications can be submitted online through the GoldBod website (www.goldbod.gov.gh) or in person at their main office in Accra.
The licenses now available for application include: Aggregator License, Self-financing Aggregator License, Buyer License (Tier 2), Buyer License (Tier 1).
Additional licenses—such as those for refining, smelting, storage, transportation, and importation—will be open for application starting July 2025.
GoldBod advised applicants to carefully read and agree to all terms and conditions before submitting their applications. More information about their policies and operations can also be found on their website.
The Board also reminded all foreign nationals involved in local gold trading to exit the market by April 30, 2025, as required by the Ghana GoldBod Act, 2025 (Act 1140). Violations of this directive will be considered a punishable offense.
However, foreigners may still apply to GoldBod to purchase gold directly from the agency.
Additionally, GoldBod reiterated that all gold traders must conduct their transactions using the official Bank of Ghana reference rate available at www.bog.gov.gh.
The statement, signed by Media Relations Officer Prince Kwame Minkah, emphasized the Board’s commitment to organizing and improving the gold trading sector to benefit the nation.
GoldBod is seeking full cooperation from the public and encourages feedback to enhance its services.