Higher export earnings and rising global demand contributed to the increase in the country’s official gold holdings
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Photo source: e-crow / iStock
Ghana's official gold reserves climbed to 24.4 tonnes in June 2026, with their value reaching US$3.65 billion, according to Ghana News Agency (GNA), a partner of TV BRICS. The increase marks a recovery from 18.6 tonnes recorded at the end of 2025 and 20.8 tonnes in March 2026.
The central bank reported that the value of the country's gold holdings rose from US$2.68 billion at the end of 2025 to US$3.65 billion by June 2026.
It is noted that gross international reserves reached US$12.94 billion in June 2026, providing the equivalent of around five months of import cover. During the first half of the year, gold export earnings totalled US$12.5 billion, making gold Ghana's largest export commodity.
According to the central bank, the growth in official gold reserves coincided with stronger export revenues and higher international gold prices during the reporting period, reinforcing the role of the mining sector in the country's external earnings.
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