Sammy Gyamfi
The Ghana Gold Board (GoldBod) has announced the immediate suspension of new applications for selected categories of gold buying licences as part of efforts to reform and modernise the country’s gold trading regime.
A statement issued by Management of GoldBod yesterday, February 16, 2026, said the suspension affects fresh applications for Tier 1 and Tier 2 Buying Licences, as well as the Self-Financing Aggregator Licence, with immediate effect.
It said, “During this period, the Aggregator Licence will be the only gold trading licence category open for new applications. GoldBod wishes to assure all stakeholders that applications already submitted prior to this announcement will continue to be processed.”
According to GoldBod, it will also expedite the review and issuance of pending buying applications provided applicants meet all regulatory requirement and have fulfilled the necessary fee obligations noting that the directive forms part of broader measures to facilitate impending reforms to the national gold buying framework.
It further mentioned that the reforms are designed to enhance transparency, improve compliance, strengthen traceability and ensure greater value retention within the country’s gold trading ecosystem.
“GoldBod remains committed to working collaboratively with stakeholders across the gold value chain to build a robust, accountable and internationally competitive gold trading regime that safeguards the national interest,” it added.
By Ebenezer K. Amponsah