Like currency, the value of gold changes from time to time. If you’re a trader in gold, you should always confirm the current market price of the metal before going about your business. This is important because many factors including demand and supply can increase or decrease its value and you might end up in losses if you lag behind.
In this post, we will reveal some sites that provide up-to-date information on the latest prices of gold in Ghana. These sites are reliable and even go a step further to tell you the cost of gold by weight and by purity.
Prices of Gold in Ghana
GoldPricez is an informative website that provides gold and silver price information based on its units of measurements.
On this site, you will find the prices of gold per kilo, gram, karats, and ounce. Below, you will find the current price of gold in Ghana as displayed on their website.
Gold Price Today in Ghana per Gram
Current Gold Price of Different Units in Ghana
|Gram Units||Gold Price|
|1 Gram gold||286.0755 GHS|
|2.5 Grams gold||715.18875 GHS|
|5 Grams gold||1430.3775 GHS|
|10 Grams gold||2860.755 GHS|
|20 Grams gold||5721.51 GHS|
|50 Grams gold||14303.775 GHS|
|100 Grams gold||28607.55 GHS|
|1000 Grams gold||286075.5 GHS|
Gold Price per Kg today in Ghana
Gold Price per Ounce today in Ghana
Live price of gold
Livepriceofgold is another site to check out for the current prices of gold in Ghana. On the site, you will find the current price of gold per gram, ounce, kilogram, and tola.
Gold Price Per Gram
|GRAMS||Gold Price per Gram in Ghana cedi [GHS]|
|1 GRAM GOLD 24K||286.73|
Gold Price Per Ounce
|OUNCES||Gold Price per Ounce in Ghana cedi [GHS]|
|1 TROY OUNCE 24K||8,917.31|
Gold Price per Kg
|KILOS||Gold Price per Kg in Ghana cedi [GHS]|
|1 KILOGRAM GOLD 24K||286,730.09|
Gold Price per Tola
|TOLAS||Gold Price per Tola in Ghana cedi [GHS]|
|1 TOLA GOLD 24K||3,344.36|
Exchangerates247 is another site that you can trust for the current prices of gold in Ghana. The site is updated every 30 minutes and on its pages, you can find the current gold rates and historical gold rates in Ghana. The site also displays the prices of gold in ounces and grams.
|Amount||Gold Unit||Gold Rate in Ghana cedi (GHS)||Gold Rate in U.S. Dollar (USD)|
|1||Gold Gram Carat 24||286.04||50.23|
|1||Gold Gram Carat 22||262.20||46.04|
|1||Gold Gram Carat 21||250.28||43.95|
|1||Gold Gram Carat 18||214.53||37.67|
|1||Gold Gram Carat 14||166.86||29.30|
|1||Gold Gram Carat 12||143.02||25.11|
|1||Gold Gram Carat 10||119.18||20.93|
On this site, you can find the price of gold in many currencies (including Ghanaian cedis). You will also find the prices of gold in different countries. As an international trader, you will need to have first-hand information on the prices of gold in other countries to help you make better bargains and more profits. Through this site, you can also know of the latest trends and possibly forecast future profits.
Another thing about the site is that it provides you with the prices of gold in different units. This includes gram, tola, sovereign, ounce, and kilogram.
Gold Rate in Ghana in Cedi
|Quantity||Gold Rate (24K)||Gold Rate (22K)||Gold Rate (21K)||Gold Rate (18K)|
|1 Gram||GHS 215.97||GHS 198.00||GHS 189.00||GHS 162.00|
|1 Tola||GHS 2,519.00||GHS 2,309.43||GHS 2,204.46||GHS 1,889.54|
|10 Grams||GHS 2,159.68||GHS 1,980.00||GHS 1,890.00||GHS 1,620.00|
|1 Sovereign||GHS 1,727.74||GHS 1,584.00||GHS 1,512.00||GHS 1,296.00|
|10 Tolas||GHS 25,190.04||GHS 23,094.33||GHS 22,044.59||GHS 18,895.36|
|1 Ounce||GHS 6,717.34||GHS 6,158.49||GHS 5,878.56||GHS 5,038.76|
|1 Kilogram||GHS 215,967.62||GHS 198,000.00||GHS 189,000.00||GHS 162,000.00|
Factors Affecting Gold Price In Ghana
Over the years, the value of gold in the world has grown exponentially. Today, the gold market is one of the largest mineral resource markets in the world. While gold is incredibly valuable, there are several factors that determine the price of the precious metal and we are going to discuss them below.
The health of the financial market is an important factor that determines not only the value of gold but that of almost all commodities in Ghana. In times of financial crisis such as inflation and currency devaluation, there is usually an increase in the price of gold.
Like all other goods, the demand for gold will have a significant effect on the price. Gold is mostly used in making jewelry and the demand for more gold for this adornment leads to a price hike.
There has been a significant increase in the price of precious stones like silver, gold, and diamonds even though these stones are becoming more common in the market. As a trader or miner, you should always have the latest information on hand as it will give you an edge in the market.