Ghana GoldBod begins licensing for gold dealers
The Ghana Gold Board (GoldBod) has started issuing licences to service providers in the gold trading sector as part of measures to formalise and regulate the industry.
The licensing process, which takes effect from Wednesday, April 23, 2025, is open to Ghanaians aged 18 and above as well as wholly Ghanaian-owned companies.
Applications may be submitted online via this link or in person at the board’s head office in Accra.
A statement dated April 23, 2025 announcing the start of licence issuance indicated that available categories include Aggregator Licence, Self-financing Aggregator Licence, Tier 1 Buyer Licence and Tier 2 Buyer Licence.
Other categories covering refining, smelting, fabrication, storage, transportation and importation will be open from July.
The GoldBod has directed all traders to buy and sell gold at the official reference rate published by the Bank of Ghana.
It warned that any breach of this directive may attract sanctions.
The board has also reiterated its instruction for all foreign nationals engaged in local gold trading to leave the market by 30 April 2025.
It stated that failure to comply would constitute an offence under the Ghana GoldBod Act, 2025 (Act 1140). Foreign nationals may apply to off-take gold directly from the board.
