Browsing: Gold prices

By Adnan Adams Mohammed Ghana’s economic roadmap for 2026 is hitting a significant roadblock as the global gold market enters…

By Adnan Adams Mohammed; Financial and Economic Journalist For centuries, gold has been the undisputed “safe havens” for investors. When…

By Adnan Adams Mohammed; Financial and Economic Journalist In a startling reversal of fortune, gold the “perpetual safe haven” has…

By Adnan Adams Mohammed In an unprecedented show of diplomatic coordination, some of the world’s most powerful economies have locked…

By Adnan Adams Mohammed The Ghana Chamber of Mines has issued a stark warning to the government, asserting that a…

Spot gold prices hit a record high of US$3,578.50 per ounce last week on expectations of a U.S. Federal Reserve…

Gold prices crossed the US$3,000 per fine ounce on March 14, 2025, on account of heightened economic uncertainty triggered by the trade and geopolitical tensions, persistent inflation, and weakening US dollar”, the Governor of the Bank of Ghana, Dr Johnson Asiama told journalists last week.

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.

Databank Research’s market outlook for 2025 indicates that the Gold price, which surged by 25.6% in 2024 due to geopolitical tensions and inflation concerns are anticipated to rise further this year.