GoldBod has engaged members of the Jewellers and Fabricators Association on new gold purchasing directives and jewellery licensing reforms aimed at strengthening formalisation across Ghana’s gold value chain.
Chief Executive Officer of GoldBod, @sammygyamfi_official, Esq., stressed that jewellers are licensed as fabricators, not gold buyers or traders, and must therefore source gold strictly through approved channels. He cautioned that direct purchases from miners and unapproved traders undermine traceability and weaken ongoing reforms.
To support local value addition, GoldBod will supply refined gold and silver directly to licensed jewellers following the commencement of local refining in partnership with Gold Coast Refinery. Effective March 2026, licensed jewellers will be able to purchase gold from GoldBod in standardized weights of 7.75g, 15.5g, and 31g, subject to licence verification.
The engagement marks another step in protecting the integrity of Ghana’s gold value chain while strengthening transparency, compliance, and sustainable growth in the jewellery sector.
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