Browsing: Ghana gold coin

The Ghana Gold Coin, which was officially introduced in 2024 as a new financial instrument to diversify investment options for…

Ghanaian investors are encouraged to diversify their portfolios by considering gold-backed securities, such as the Ghana Gold Coin introduced by the Bank of Ghana, as a hedge against economic uncertainties.

Offering the GGC as an alternative asset to the dollar seems to be an admission of failure to deal with the real problems facing the economy, which drives Ghanaians to hold dollars instead of cedis,” the report asserts.