The Ghana Gold Board (GoldBod) has announced the commencement of licensing service providers in the gold trading sector, effective April 23, 2025.
According to a press statement signed by Prince Kwame Minkah, Media Relations Officer, the move aims to restructure and streamline the industry.
Ghanaians aged 18 and above or fully-owned Ghanaian companies can apply for licenses online via the GoldBod’s website http://goldbod.gov.gh or physically at the Board’s office in Accra.
Available licenses include Aggregator, Self-financing Aggregator, and Buyer licenses (Tier 1 and Tier 2). Additional licenses, such as Refining, Smelting, Fabrication, Storage, Transportation, and Importation licenses, will be available for application in July 2025.
The GoldBod has directed all foreigners to exit the local gold trading market by April 30, 2025, warning that failure to comply will constitute a punishable offense under the Ghana GoldBod Act, 2025 (ACT 1140).
However, foreigners can apply to the GoldBod to off-take gold. The Board has also emphasized the importance of adhering to the official Bank of Ghana Reference Rate for gold transactions.
The GoldBod looks forward to working with stakeholders to develop the gold trading sector and encourages public cooperation and feedback. Applicants are required to carefully read and accept the Terms and Conditions before proceeding with their license application.
Below is the full statement from Goldbod:
PRESS STATEMENT
23 April, 2025
For Immediate Release:
GOLDBOD COMMENCES LICENSING OF SERVICE PROVIDERS
The Ghana Gold Board (GoldBod) wishes to inform the general public, particularly stakeholders in Ghana’s gold trading sector, that we are commencing the licensing of Service Providers effective today, Wednesday, 23 April, 2025.
A Ghanaian, 18 years and above or a fully-owned Ghanaian company may apply to the GoldBod for a license online via the GoldBod’s official website, http://goldbod.gov.gh or physically, at the license office of the GoldBod located at our main office in Accra.
The categories of licenses that can be applied for effective immediately are as follows:
- Aggregator license
- Self-financing Aggregator license
- Buyer license (tier 2)
- Buyer license (Tier 1)
Other licenses such as Refining License, Smelting License, Fabrication License, Storage License, Transportation License, Importation License among others, may be applied for effective July 2025.
All relevant information about the mandate, policies and operations of the GoldBod can be accessed from our website, http://goldbod.gov.gh.
A person may send a message to or make inquiries from the GoldBod through our website.
An applicant must carefully read, understand and accept the Terms and Conditions of a license before proceeding to apply for same.
The GoldBod wishes to reiterate its earlier directive to all foreigners to exit the local gold trading market effective April 30, 2025. A breach of this directive shall constitute a punishable offense under the Ghana GoldBod Act, 2025 (ACT 1140). A foreigner may however apply to the GoldBod to off-take gold from the GoldBod.
Additionally, the GoldBod in line with its mandate to oversee and regulate the gold trading sector, reiterates its earlier directive for all gold traders to buy and/or sell gold at the official Bank of Ghana (BoG) Reference Rate published on http://bog.gov.gh.
The GoldBod looks forward to working with all stakeholders to restructure and streamline the gold trading sector to optimize national benefits. We count on the full cooperation of the public and shall continue to prioritize your feedback.
Prince Kwame Minkah
Media Relations Officer
Source: Ghana/StarrFM103.5FM/Benjamin Sackey
