Ghana’s Gold reserves climb to 32.99 tonnes in June 2025

Ghana’s gold reserves have soared to 32.99 tonnes as of June 2025, marking a significant milestone in the Bank of Ghana’s efforts to strengthen financial stability and diversify the nation’s foreign exchange reserves.

The latest data from the central bank shows a steady month-on-month increase—up from 31.37 tonnes in April and 32.16 tonnes in May. More impressively, this represents a nearly fourfold rise from the 8.78 tonnes recorded in May 2023.

This consistent growth reflects the central bank’s strategic gold accumulation program, part of a long-term plan to reduce reliance on traditional foreign currencies like the U.S. dollar and enhance the country’s economic resilience.

As Africa’s top gold producer, Ghana has also intensified efforts to formalise the small-scale mining sector, helping to retain more domestically mined gold for national development.

Ghana’s approach aligns with a global trend where central banks are increasing their gold reserves to protect against currency volatility and geopolitical risks.

With gold now playing a central role in its reserve strategy, Ghana is reinforcing its position not just as a gold producer—but as a smart manager of gold wealth.