Uganda’s central bank will start its domestic gold purchasing programme this month, it said on Monday, joining other policymakers around the world building up their gold holdings after a surge in the metal’s price. The East African nation announced the plan two years ago, saying it would help to boost reserves and cushion the economy […]
Tag: Gold Purchase Programme
Domestic Gold Purchase Programme: BoG’s reserves increased by 100% within 5 years
The First Deputy Governor of the Bank of Ghana (BoG) has revealed that the Domestic Gold Purchase Programme has helped BoG to increase its gold reserves by 100% within the past five months since June 2021. Dr. Zakari Mumuni noted that the sharp increase came at a time when the Bank of Ghana’s reserves stood […]


