The Ghana Gold Board (GoldBod) has suspended new applications for selected gold buying licences, as part of ongoing efforts to reform and modernise Ghana’s gold trading system.
In a February 16, 2026 statement, GoldBod said the suspension affects Tier 1 and Tier 2 gold buying licences and the Self-Financing Aggregator Licence, with immediate effect. During this period, only the Aggregator Licence category will remain open to new applicants.
The Board assured stakeholders that applications submitted before the announcement will still be processed, and pledged to fast-track approvals for applicants who meet regulatory and fee requirements.
GoldBod explained that the move forms part of broader reforms aimed at improving transparency, enhancing regulatory compliance, strengthening traceability of gold, and ensuring Ghana retains more value from its gold trade.
The Board reiterated its commitment to working closely with industry stakeholders and said further details on the new licensing framework will be communicated in due course.
