Tag: GOLD FOR CRUDE

Gold Has Picked; We Can Buy Enough To Sustain ‘Gold-For-Crude’ Programme – BoG

Posted on January 18, 2023 by Cassandra

The Director of Financial Market at the Bank of Ghana (BoG) Stephen Opata has assured that the central bank can buy enough gold to ensure the Gold-for-Crude programme is sustained…..

Business

Gold-For-Crude: Gold Usually Serves As Safe Haven For Extreme Oil Prices – Energy Economist

Posted on November 30, 2022 by Cassandra

Energy Economist, Dr Gideon Ofosu-Peasah has indicated that gold is normally used in making up for increasing crude oil prices hence, the move by the government of Ghana to buy….

Business

Newmont, AngloGold, Other Mining Giants Were Consulted On ‘Gold For Crude’ Move – Governor Addison

Posted on November 29, 2022 by Cassandra

Governor of the Bank of Ghana (BoG) Dr Ernest Addison has said that the major mining companies operating in Ghana were consulted on the move to buy crude oil with gold…..