Gold rate today in Accra

What gold costs in Accra today

The international price puts a gram of 24k gold in Accra at roughly 1,522 GHS today, with 22k at about 1,395 GHS. Per 10 grams, a common size for small bars and rate boards, that is about 15,215 GHS for 24k. These are spot-based figures, before any tax, premium or making charge.

The Ghana Gold Board in Accra

The Ghana Gold Board, known as GoldBod, has its head office at 7 Thorpe Road in Accra. It was set up under the Ghana Gold Board Act, 2025 (Act 1140).

GoldBod describes itself as the only body with the right to buy, sell, assay, value and export gold in Ghana. It also licenses people in the gold trade, offers vault storage and regulates gold refining, fabrication and minting.

What moves the gold price in Accra

Everything on a Accra rate board starts from the same place: the dollar price of gold (about $4,042.7 an ounce today) converted at the USD/GHS rate of 11.706. The official gold purchase price is the London price times the Bank of Ghana rate, so the exchange rate can move the local gold price as much as gold itself.

The dollar price itself responds to US interest-rate expectations, the strength of the dollar, inflation data, central-bank buying and geopolitical risk. Our guide to what moves gold prices covers each in turn.

Premiums, making charges and tax in Accra

The shelf price in Accra is higher than the converted figure above. A shop adds 15% VAT plus 5% in levies where they apply, and the dealer's or jeweller's margin. On jewellery, making charges are usually built into a per-gram or per-piece price, so two pieces of the same weight and purity can carry very different prices. We found no national hallmarking scheme for jewellery in Ghana, so ask for the purity to be tested and written on the receipt.

Gold market hours in Accra

The international gold market trades almost around the clock on weekdays. In Accra the London–New York overlap, usually the busiest and most volatile part of the day, runs today from about 13:00–17:00 local time. The two LBMA Gold Price auctions in London, at 10:30 and 15:00 London time, fall at 10:30 and 15:00 in Accra, and major US data released at 08:30 New York time, such as payrolls and inflation, lands at 13:30 local time. The week's trading closes at 22:00 on Friday and reopens at 23:00 on Sunday, Accra time; over the weekend the price on this page is the last close. The Ghana Gold Board (GoldBod), set up in 2025, is the sole buyer of small-scale gold and has set an official purchase price twice a day since July 2026. Our gold market hours tool shows the sessions in any time zone.

Accra compared with Lagos

It is natural to compare Lagos with the price at home. On the converted spot price neither city is cheaper: Lagos quotes about 175,346 NGN per gram of 24k, which is the same $129.98 per gram as Accra's 1,522 GHS. What differs is what each market adds. In Accra that is 15% VAT plus 5% in levies where they apply, and the dealer's or jeweller's margin; in Lagos it is 7.5% VAT, import and logistics costs and the jeweller's margin. Buying abroad also means paying an exchange margin and checking the customs allowance at home.

How this GHS gold price is calculated

Three numbers decide everything on this page. First, the international gold price in US dollars per troy ounce: $4,042.7 at the last update. Second, the exchange rate: 1 USD = 11.706 GHS. Third, the weight: one troy ounce is 31.1035 grams, and one tola is 11.6638 grams.

1. Price per gram in USD = $4,042.7 ÷ 31.1035 = $129.98.
2. Price per gram in GHS = $129.98 × 11.706 = 1,522 GHS (24k, pure gold).
3. Price per 10 grams = 1,522 × 10 = 15,215 GHS.
4. For a lower purity, multiply by the fineness: 22k = 0.9167, 21k = 0.875, 18k = 0.75.

The gold price is the spot price of gold (XAUUSD) from a public real-time feed, refreshed every few seconds while the page is open; the 7-day table and the 30-session chart use COMEX gold futures closes, which usually sit a few dollars above spot. The exchange rate is a mid-market rate; the rate your bank or money changer gives you will be slightly different. If you want to do the maths yourself, our guide to converting the gold price per gram, tola and kilo walks through every step with worked examples.

What this price does not include

The figures above are the international spot price converted into local currency. They are the starting point for every retail price in Accra, but they are not the price you will pay or receive at a shop. The shop price adds some or all of these on top:

• Import duty or customs charges, where gold or jewellery is imported.
• Sales tax or VAT, where the country charges one. Many countries tax jewellery but not investment bars; the sections above say what applies here.
• Dealer premium: the margin a bullion dealer or bank adds to the spot price for bars and coins, usually larger on small pieces.
• Making charges (labour) on jewellery, often a percentage of the gold value or a fixed amount per gram.
• Local supply and demand, which can push the physical price to a premium or a discount against the international price for weeks at a time.

When you sell, the buyer usually quotes below the spot-based number and deducts for purity testing, wear and sometimes stones. The gap between the buying and the selling price is the real cost of owning physical gold, and it varies a lot between shops, so it is worth asking several.

Frequently asked questions