In the midst of the clarion call for Ghanaians to embrace alternative forms of investment, Economist, Dr. Theo Acheampong, is recommending the Ghana Gold Coin as a great option to diversify investment.
Many investment options, in the era of turbulence and unfavourable conditions, become highly volatile, diminish in value, and heighten uncertainties.
To protect investment, preserve and grow wealth, Dr. Theo Acheampong says one of the best opportunities is the Ghana Gold Coin, launched last year by the Central Bank.
Economists and many analysts confirm that Gold has a real, enduring value which is not just a matter of perception. Unlike paper currencies that can lose value due to inflation, political instability, or monetary mismanagement, and other investments that hit the rock in times of recession, gold has consistently served as a “store of value” for centuries.
Gold is not just an asset but also an insurance against uncertainty. Along the bumpy road of the business cycle of contraction and expansion, gold tends to easily stem the tide and, instead of depreciating, appreciates in value.
“Gold largely retains its value across business cycles,” the economist declared.
He advised that, “you should seriously consider the Ghana Gold Coin sold by the central bank as an alternative investment source.”
Launched by the Bank of Ghana in collaboration with the then Precious Minerals Marketing Company (PMMC), now GoldBod, the Ghana Gold Coin is not just a symbol of national pride but also regarded as an inflation-resistant investment.
The gold coin initiative also aligns with the central bank’s broader strategy of using gold to backstop the local currency and shore up reserves. This move is also aimed at contributing significantly to the stability of the Ghana cedi.
As of Thursday, 8th May 2025, the Ghana Gold Coin, available in three sizes: 0.25 ounce, 0.50 ounce, and 1 ounce, was priced at GH₵12,270.72, GH₵23,727.11, and GH₵46,693.85, respectively.
These prices are based on the global gold market rate, which now hovers around $3,392.25 per ounce
Ghana’s economy, although improving, remains exposed to both global and domestic risks, which can affect various forms of investments. For individuals looking to preserve wealth, hedge against inflation, and invest with confidence, Dr. Theo Acheampong is convinced now is the time to seriously consider investing in the BoG’s Ghana Gold Coin.
