Current 22K Gold Price Per Gram in Ghana: Buy Gold in Ghana

22K Gold Price Per Gram:  As of June 24, 2025, the price of 22K gold in Ghana fluctuates based on global market trends and local currency exchange rates. According to recent data, the price of 22K gold per gram in Ghana is approximately 1,369.00 GHS. This price reflects the retail market rate and may vary slightly depending on the seller, location (e.g., Accra or Kumasi), and additional costs such as dealer commissions or taxes.

22K Gold Prices Across Different Weights

• Prices are approximate and subject to daily fluctuations based on global spot prices and exchange rates (1 USD ≈ 15.50 GHS as of April 2025).
• Additional costs, such as making charges for jewelry (10–15% of raw gold price) or dealer commissions, may apply.
• Prices are based on retail market rates and may differ slightly in local shops or online platforms.

Historical Trends for 22K Gold in Ghana

Over the past year, 22K gold prices in Ghana have shown significant growth, driven by global demand, inflation concerns, and a weakening Ghanaian Cedi.

The lowest 22K gold price per gram in the last 90 days was 1,184.02 GHS on December 19, 2024, while the highest was 1,370.09 GHS on March 14, 2025.

This represents a price increase of approximately 15.7% over three months, reflecting the bullish trend in global gold markets.

Comparison of 22K Gold Prices with Other Countries

To understand how 22K gold prices in Ghana compare to other countries, we can examine prices in major African gold-producing nations and global markets.

The following table compares the price of 22K gold per kilogram in USD (converted from local currencies where applicable) across several countries, using data from recent market analyses.

Country	22K Gold Price per Kilogram (USD)	Local Currency Price	Notes
Ghana	57,400	1,369,000 GHS	Competitive due to abundant gold production
South Africa	58,600	1,030,000 ZAR	Slightly higher due to advanced refining infrastructure
Nigeria	56,700	95,000,000 NGN	Higher due to economic challenges and limited production
Uganda	56,800	210,000,000 UGX	Developing gold market, similar to Ghana
Tanzania	56,800	153,000,000 TZS	Comparable to Uganda, with developing mining sector
United States	60,000	60,000 USD	Higher due to import costs and market premiums
India	59,500	5,000,000 INR	High demand for jewelry increases local premiums

Key Observations:

• Ghana vs. South Africa: Ghana’s 22K gold price is slightly lower than South Africa’s ($57,400 vs. $58,600 per kilogram) due to its abundantizarro

Gold Prices in Ghana: 22K, 24K, 18K, and 14K

As of June 24, 2025, gold prices in Ghana vary by purity, reflecting global market trends and local currency fluctuations. Below are the current prices per gram for 22K, 24K, 18K, and 14K gold in Ghanaian Cedis (GHS), based on the latest available data.

• Prices are approximate and based on retail market rates as of March/April 2025, with an exchange rate of approximately 1 USD = 15.50 GHS.
• Prices fluctuate daily due to global spot prices and currency exchange rates.
• 24K gold commands the highest price due to its purity, while lower karats are less expensive but more durable for jewelry.

22K Gold Prices Across Different Weights in Ghana

• USD equivalents are calculated using 1 USD = 15.50 GHS.
• Tola is a traditional unit used in some markets (11.66 grams).
• Prices may include minor premiums for retail purchases or exclude additional costs like taxes or craftsmanship charges.

Comparison of 22K Gold Prices with Other Countries

The price of 22K gold in Ghana is competitive due to its significant gold production and relatively low refining costs. Below is a comparison of 22K gold prices per kilogram in USD across several countries, using an exchange rate of 1 USD = 15.50 GHS for Ghana and approximate conversions for other currencies.

Country	22K Gold Price per Kilogram (USD)	Local Currency Price (approx.)	Key Factors
Ghana	57,400	1,369,000 GHS	Abundant production, competitive pricing
South Africa	58,600	1,030,000 ZAR	Advanced refining, slightly higher costs
Nigeria	56,700	95,000,000 NGN	Economic challenges, limited production
Uganda	56,800	210,000,000 UGX	Developing market, similar to Ghana
Tanzania	56,800	153,000,000 TZS	Developing mining sector
United States	60,000	60,000 USD	Import costs, higher premiums
India	59,500	5,000,000 INR	High jewelry demand, import duties

Analysis:

• Ghana vs. South Africa: Ghana’s price is slightly lower due to its large gold reserves and lower refining costs compared to South Africa’s advanced infrastructure.
• Ghana vs. Nigeria: Nigeria’s price is marginally lower, but economic instability and limited production can lead to volatility Ascra.
• Ghana vs. Global Markets: Ghana and other African countries offer competitive prices due to direct mining and lower premiums compared to global markets like the US and India, where import costs and demand increase prices.
• Currency Impact: The weakening G multiplexes local gold prices, making Ghana an attractive market for investors.

24K, 18K, and 14K Gold Prices per Gram in Ghana

Gold Purity	Price per Gram (GHS)	USD Equivalent (approx.)	Usage
24K	1,492.97	96.32	Investment-grade gold, bars, and coins
18K	1,129.17	72.85	High-end jewelry, durable and attractive
14K	748.50	48.29	Affordable jewelry, common in some markets

Notes:

• 24K gold is the most expensive due to its near-100% purity, making it ideal for investment but soft for daily wear.
• 18K and 14K are alloyed with other metals for durability, reducing cost but maintaining value for jewelry.
• Prices are based on recent data and may vary slightly by seller or region.

Best Places to Buy Gold in Ghana

Ghana’s gold market is vibrant, with options ranging from local jewelers to large-scale dealers and online platforms. Below are some of the best places to buy gold in Ghana, with a focus on Buy Gold Bars Africa Limited, a leading online gold seller.

1. Buy Gold Bars Africa Limited: A prominent online platform specializing in gold bars, coins, and bullion, known for high-purity gold and transparent pricing.
2. • Pros:
     • Offers certified 24K and 22K gold bars with assay certificates.
     • Transparent pricing aligned with global market rates.
     • Reliable export regulations for international buyers.
     • Convenient online purchasing with secure transactions.
   • Cons:
     • Online purchases may involve shipping costs and delays.
     • Limited physical presence, requiring trust in online verification.
   • Best For: Investors seeking high-purity gold bars for investment or export.
3. Precious Metals and Minerals Commission (PMMC): A government-regulated body in Accra that sells certified gold directly from Ghana’s mines.
   • Pros:
     • High-quality, certified gold with hallmarks (e.g., 916 for 22K, 750 for 18K).
     • Competitive prices due to direct sourcing.
     • Trusted by local and international buyers.
   • Cons:
     • May require in-person transactions or specific permits.
     • Limited online presence compared to private sellers.
   • Best For: Large-scale buyers and those seeking government-backed authenticity.
4. Accra Gold Market (Local Jewelers):Local markets in Accra and Kumasi offer a variety of gold jewelry, particularly 22K and 18K, from small-scale vendors and established jewelers.
   • Pros:
     • Wide selection of custom jewelry designs.
     • Immediate purchase and inspection possible.
     • Competitive pricing for smaller quantities.
   • Cons:
     • Higher premiums for craftsmanship (10–15%).

• • • Quality may vary; requires verification of hallmarks.
  • Best For: Jewelry buyers seeking unique, handcrafted pieces.

Recommendation: Buy Gold Bars Africa Limited is a top choice for online purchases due to its focus on high-purity gold, transparent pricing, and export-friendly processes. For local buyers or those seeking jewelry, Accra’s gold market or PMMC offer excellent options with immediate access and customization, though they may involve higher craftsmanship costs. Verify purity with hallmarks or assay certificates to ensure authenticity.

Factors Influencing Gold Prices in Ghana

• Global Spot Prices: Gold prices in Ghana track international markets (e.g., London Bullion Market), with a 61.27% increase in 24K gold prices per ounce over the past year.
• Currency Exchange Rates: The GHS’s value (e.g., 15.50 GHS/USD in April 2025) significantly impacts local prices.
• Local Demand and Supply: High demand for 22K and 18K jewelry during cultural events and weddings increases prices, while Ghana’s large-scale mining keeps supply steady.
• Government Policies: Taxes, import duties, and regulations by the PMMC add costs to formal market gold.
• Craftsmanship Costs: Jewelry prices include 10–15% making charges, varying by design complexity.

Tips for Buying Gold in Ghana

• Verify Purity: Check for hallmarks (e.g., 916 for 22K, 750 for 18K) or assay certificates for bars.
• Compare Prices: Shop around to avoid high premiums, especially in local markets.
• Avoid Black Market: Black market gold is cheaper but risky due to potential quality issues and legal concerns.
• Diversify Investments: Allocate 5–10% of your portfolio to gold as a hedge against inflation.
• Export Regulations: For international purchases, ensure compliance with Ghana’s export laws and obtain necessary permits.