Home Business BoG gold reserves hit 37.06 tonnes in September 2025; up by 21.3% so far this yr – Life Pulse Daily
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BoG gold reserves hit 37.06 tonnes in September 2025; up by 21.3% so far this yr – Life Pulse Daily

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BoG gold reserves hit 3706 tonnes in September 2025 up.webp.webp
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✨ Latest News: BoG gold reserves hit 37.06 tonnes in September 2025; up by 21.3% so far this yr – Life Pulse Daily

📰 Check out the small print:

The Bank of Ghana’s gold reserves has elevated to 37.06 tonnes in September 2025.

According to data from the central monetary establishment, the gold reserves have risen by 21.3 p.c as a result of the beginning of 2025.

The gold reserves stood at 30.53 tonnes at first of January 2025 and elevated to 30.62 tonnes on January 31, 2025. It has since been rising month-on-month.

The reserves elevated from 36.02 tonnes in August to 37.06 tonnes in September 2025.

The accumulation of the gold reserves has been primarily pushed by the Domestic Gold Purchase Programme, a protection initiative designed to strengthen worldwide change reserves, improve investor confidence, enhance foreign exchange stability, and create a additional conducive setting for worldwide direct funding and monetary improvement.

The Central Bank said in an earlier communique that “The gold accumulation programme is a crucial software program in our efforts to diversify reserve belongings, reduce publicity to worldwide financial volatility, and provide the field system with additional sturdy buffers in direction of exterior shocks”.

The programme objectives to leverage these belongings to protected additional moderately priced financing selections, thus enhancing short-term worldwide change liquidity with out heavily-dependent on exterior debt markets.

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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not basically symbolize the views or protection of Multimedia Group Limited.

📅 Published on 2025-10-09 07:27:00 👉 #BreakingNews: www.myjoyonline.com #Update #BoG #gold #reserves #hit #tonnes #September #yr #Life Pulse Daily
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