Gold prices soared to an all-time high on Monday, surpassing $3,100 per ounce for the first time, as investors sought refuge in the safe-haven asset amid growing economic uncertainty and….
Established in 1963, PMMC was mandated to purchase and market Ghana’s gold and diamond resources. In 1965, the Parliament of Ghana formally endorsed PMMC as a state-owned enterprise. The company….
Gold exports in 2023 amounted to $7.60 billion, representing a year-on-year increase of 15.0%. This is mainly due to a 9.2% increase in the volume of exports and a 5.4%….
In the initial two months of 2024, Ghana’s Gross International Reserves (GIR), excluding Encumbered Assets and Petroleum Fund, experienced a notable 9.99% increase, reaching $4.02 billion by February 2024. This….
Gold Fields Limited produced 1,154,000 ounces (oz) of gold for the first half of 2023 – a 4 percent drop year-on-year (YoY) in production compared to 1,201,000oz in the same….
The President of the Ghana Association of Jewellers, Jonathan Ababio, has called on stakeholders to reserve five percent of gold for the local market in order to reduce the cost….
Domestic gold production went up 32 percent from 2.8 million ounces in 2021 to 3.7 million ounces in 2022, propelling the country to the summit as Africa’s largest producer of….
The Bank of Ghana has said prices of Ghana’s key exports remained volatile on the international commodities market. BoG Governor, Dr Ernest Addison told journalists at the monetary policy committee meeting that brent crude….
Ghana recorded a trade surplus of $752.8 million in the first two months of 2023, about 1.0% of Gross Domestic Product, data from the Bank of Ghana has disclosed. This….
Gold prices fell on Monday as investors booked profits after the asset rose above a one-year peak of over $2,000 earlier in the day, amid banking fears and increasing bets….
