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 to strengthen and modernize Ghana’s gold trading regime.
In a statement issued on February 16, 2026, the Board said the suspension affects new applications for Tier 1 and Tier 2 Gold Buying Licenses, as well as the Self-Financing Aggregator License, with immediate effect.
However, the Aggregator License will remain open and will be the only gold trading licensing category available for new applications during the reform period.
GoldBod assured stakeholders that applications submitted before the announcement will continue to be processed. The Board also pledged to expedite the review and issuance of pending licenses, provided applicants meet all regulatory requirements and fulfill the necessary fee obligations.
According to the statement, the temporary suspension forms part of broader measures aimed at restructuring Ghana’s gold buying framework. The reforms are intended to enhance transparency, strengthen compliance, improve traceability, and ensure greater value retention within the country’s gold trading ecosystem.
GoldBod further emphasized its commitment to working closely with stakeholders across the gold value chain to build a robust, accountable, and internationally competitive gold trading regime that safeguards the national interest.
The Board indicated that further updates on the reform process and the revised licensing framework will be communicated in due course.
The statement was signed by Management of the Ghana Gold Board (GoldBod).