The Ghana Gold Board (GoldBod) has cautioned licensed gold buyers to comply strictly with their reporting obligations or risk losing their permits.
In a public notice dated February 26, 2026, the Board disclosed that a number of licence holders had failed to submit their mandatory monthly transaction returns as required under the terms governing their operations.
Under existing regulations, all authorised gold buyers must file detailed reports each month, capturing volumes purchased, purity levels, transaction values and related trading activities within the reporting period.
GoldBod indicated that reports for January 2026 were due on February 15, but several operators did not meet the deadline.
The regulator warned that persistent failure to comply may attract sanctions, including the possible revocation of licences.
It further noted that non-adherence constitutes an offence under Section 63 of the Ghana Gold Board Act.
GoldBod reaffirmed its resolve to uphold transparency and accountability within the gold trading sector, stressing that strict enforcement of reporting requirements is critical to strengthening governance and oversight in the industry.
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