Analysis: Why the Bank of Ghana sold half its gold reserves

Somewhere between November and December 2025, the Bank of Ghana decided to sell roughly half of its gold reserves. At the last reporting before the sale in October 2025, the bank’s gold holdings stood at 38.04 tonnes. The next reporting in December 2025 showed that holdings had dropped to 18.6 tonnes. That represents a massive […]

By Isaac Agyei