Governments through their Central banks and other other government agencies hold gold reserves as a component of a nation's financial assets. This gold asset act as as a store of value, a means of diversifying their international reserves, and a way to stabilize the national currency during financial crises. Gold can also be used as collateral for loans. Ghana ranks amongst the top ten producers in the world and first in Africa. But according the World Gold Council, in terms of gold reserves, Ghana ranks 74th and 5th in Africa in 2025.

Ghana Gold holdings

Source: Bank of Ghana

Gold global rankings by country

Source: World Gold Council, 2024

Top ten gold reserves in Africa

Source: World Gold Council, 2025

Ghana: Gold producers (Companies)

Source: Ghana Chamber of Mines 2023