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GoldBod suspends new applications for selected Gold Buying Licenses

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The Ghana Gold Board (GoldBod) has announced the immediate suspension of new applications for selected categories of gold buying licenses as part of sweeping reforms aimed at strengthening the country’s gold trading regime.

In a statement issued on February 16, 2026, the Board disclosed that the suspension affects new applications for Tier 1, Tier 2, and the Self-Financing Aggregator License, with immediate effect.

During the suspension period, the Aggregator Licence will be the only gold trading licensing category open for new applications.

GoldBod assured stakeholders that applications submitted prior to the announcement will continue to be processed. The Board indicated that it will fast-track the review and issuance of pending licenses, provided applicants meet all regulatory requirements and have fulfilled the necessary fee obligations.

According to the statement, the directive forms part of broader measures to facilitate impending reforms to Ghana’s national gold buying framework.

The planned reforms are designed to enhance transparency, strengthen regulatory compliance, improve traceability systems, and ensure greater value retention within Ghana’s gold trading ecosystem.

Management of GoldBod reaffirmed the Board’s commitment to working collaboratively with stakeholders across the gold value chain to establish a more robust, accountable, and internationally competitive gold trading regime that safeguards the national interest.

The Board noted that further updates on the reform process and the revised licensing framework will be communicated in due course.

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