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Gold Board Suspends Selected Gold Buying Licence Applications Ahead of Reforms

Gold Board Suspends Selected Gold Buying Licence Applications Ahead of Reforms

The Ghana Gold Board (GoldBod) has announced the immediate suspension of applications for selected categories of gold buying licences as part of ongoing regulatory reforms aimed at strengthening and modernising Ghana’s gold trading regime.

The temporary suspension affects new applications for Tier 1 and Tier 2 buying licences, as well as the Self-Financing Aggregator Licence, with immediate effect.

GoldBod explained that during the suspension period, the Aggregator Licence will remain the only gold trading licensing category open to new applications.

In a statement dated February 16, 2026, the Board assured stakeholders that applications submitted prior to the announcement will continue to be processed. It further indicated that the review and issuance of pending licences will be expedited, provided applicants meet all regulatory requirements and have fulfilled the necessary fee obligations.

According to GoldBod, the directive forms part of broader measures to facilitate impending reforms to the national gold buying framework.

The reforms are expected to enhance transparency, improve regulatory compliance, strengthen traceability, and ensure greater value retention within Ghana’s gold trading ecosystem.

GoldBod reaffirmed its commitment 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.

The Board said further updates on the reform process and the revised licensing framework will be communicated in due course.

The statement was signed by Management of the Ghana Gold Board.

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