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Tuesday, May 26, 2026

GoldBod announces renewal of gold trading licences

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The Ghana Gold Board (GOLDBOD) has announced the commencement of the renewal process for gold trading licences, introducing minimum trading volume requirements for licence holders seeking renewal.

In a public notice dated May 25, 2026, GoldBod said all holders of GoldBod Buying Licences whose licences are set to expire within the next three months must begin the renewal process from Monday, May 25, 2026.

According to the notice, all renewal applications must be submitted exclusively through GoldBod’s official online licensing portal.

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Applicants seeking gold trading licences renewal will be required to meet specific eligibility criteria, including minimum trading volume thresholds achieved within the preceding 12 months.

Under the new requirements:

T1 Licence holders must record a minimum trading volume of 2 kilograms

T2 Licence holders must record at least 5 kilograms

Self-Finance Aggregator Licence holders must achieve a minimum trading volume of one metric tonne

GoldBod explained that applicants must also demonstrate full compliance with the terms and conditions of their existing licences and must not have breached any regulatory or licensing obligations.

The Board further noted that licence holders who duly submit their renewal applications and pay the applicable renewal fees may be permitted to continue trading while their applications are under review.

However, GoldBod indicated that it reserves the right to request additional documents or information where necessary during the assessment process.

The regulator has therefore urged all licence holders to take note of the new directives and ensure timely compliance to avoid disruptions to their operations.

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