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Home Economy

GoldBod generates $8bn from gold exports between January–October 2025

Patrick Gyasi by Patrick Gyasi
October 16, 2025
in Economy, General News, Natural resources
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GoldBod generates $8bn from gold exports between January–October 2025
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Ghana’s small-scale gold export sector has generated over US$8 billion in foreign exchange between January and 15th October 2025, according to new figures from the Ghana Gold Board (GoldBod) and the Precious Minerals Marketing Company (PMMC).

Data released by GoldBod shows that small-scale miners exported 81,719.23 kilograms of gold during the period, valued at US$8.06 billion. This marks a sharp increase from US$4.61 billion recorded in 2024 and nearly quadruple the US$2.19 billion achieved in 2023.

The data highlights a consistent upward trend in both gold volume and export value over the three-year period, reflecting improved regulation, transparency, and compliance within Ghana’s small-scale mining sector.

Significant monthly gains were recorded in May (US$1.17 billion), June (US$957.9 million), and April (US$897.6 million), underscoring strong performance in the second quarter of the year.

GoldBod attributed the positive results to its continued partnership with PMMC and strengthened oversight of small-scale gold exports.

The collaboration has been instrumental in curbing illicit trade and ensuring that proceeds from gold sales are properly repatriated into the Ghanaian economy.

The surge in export earnings is expected to boost Ghana’s foreign reserves and support the country’s ongoing economic recovery efforts.

Tags: Gold boardRevenue
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