The small-scale gold sector in Ghana has already exceeded last year’s total exports, with about 66.7 tonnes exported between January and August 2025, according to the Ghana Gold Board (GoldBod).
Speaking at the maiden Mining and Minerals Convention in Accra on Tuesday, GoldBod CEO Sammy Gyamfi said the record volume marks a significant milestone. “From January to August 2025 alone, small-scale gold exports have exceeded the total output for all of 2024, which stood at 63 tonnes,” he noted.
The exports are valued at $6.3 billion, up from about $4.6 billion for the entire year of 2024, highlighting growth in both volume and value.
The surge is expected to strengthen Ghana’s foreign exchange inflows, boost government revenue, and create more opportunities for local miners.
It could also encourage further investment in the sector, improve livelihoods in mining communities, and reinforce Ghana’s position as a leading gold exporter in Africa.
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Ghana’s strong small-scale gold performance coincides with global gold prices reaching record highs, trading around $3,660 per ounce.
The bullion market has been buoyed by expectations of U.S. Federal Reserve rate cuts, a cooling labor market, safe-haven demand amid geopolitical risks, and central bank purchases. Gold has gained 39% year-to-date, further enhancing the value of Ghana’s exports.
