Gold reserves held at the Bank of Ghana as at end-October 2024 stood at 28.1 tonnes, a surge from the 9 tonnes held a year prior, indicating a year-on-year increase of 19 tonnes in gold reserves.
Ghana's 28.1 tonnes gold reserves per data made available by the World Gold Council (WGC), constitute 41.2% of its international reserves.
Ghana, per its gold reserves, is ranked as the fifth African country with the most gold holdings - following behind South Africa (125.4 tonnes), Egypt (126.8 tonnes), Libya (146.7 tonnes), and Algeria 173.6 tonnes).
Algeria has the highest gold reserves on the continent.
