The Ghana Gold Board (GoldBod) generated US$1.011 billion in foreign exchange from its artisanal and small-scale mining (ASM) gold trade operations in October 2026, according to its latest update.

The Board said the entire amount was sold to authorised commercial banks through its GoldBod GoFX platform to support stability in the foreign exchange market.

In an announcement dated November 2, 2026, GoldBod said it expected to generate US$1.2 billion from its ASM gold trade operations in November.

Of the projected amount, US$800 million is expected to be made available to commercial banks to support foreign exchange market stability.

GoldBod said the foreign exchange sales would be conducted through the GoFX platform in accordance with the approved FX Sales and Intermediation Framework, which is intended to ensure transparency, fairness and regulatory compliance.

The Board said it remained committed to generating foreign exchange for the country and supporting the Bank of Ghana’s foreign reserve accumulation under the Ghana Accelerated National Reserve Accumulation Policy (GANRAP).

The update was issued by the Finance and Trade Directorate of the Ghana Gold Board.

GoldBod Has Generated US$1.011 Billion from Gold Business in October

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