The Ghana Gold Board has announced the commencement of the renewal process for gold trading licences, introducing new eligibility thresholds tied to trading volumes as part of efforts to strengthen compliance within the sector.
In a public notice issued on May 25, GoldBod said all holders of GoldBod Buying Licences due to expire within the next three months must begin the renewal process from Monday, May 25, 2026, through its online licensing portal.
Under the new requirements, T1 licence holders must demonstrate a minimum trading volume of 2 kilograms of gold within the past 12 months, while T2 licence holders are expected to show at least 5 kilograms traded over the same period.
For Self-Finance Aggregator Licence holders, the threshold has been set at one metric tonne within the preceding year.
GoldBod said applicants must also remain fully compliant with existing licensing conditions and regulatory obligations to qualify for renewal.
The Board added that traders who submit renewal applications and pay the required fees may continue operations while awaiting final approval.
The move forms part of broader efforts to tighten oversight, improve accountability and streamline operations within Ghana’s gold trading industry.
