The Ghana Gold Board (GoldBod) has begun nationwide enforcement requiring all licensed gold buyers to issue official GoldBod receipts for every transaction, in a move aimed at improving transparency and curbing illegal trading
According to GoldBod, all licensed aggregators, self-financed aggregators, and Tier 1 and Tier 2 buyers are required to issue official GoldBod receipts for every gold purchase.
In a press statement on Monday, August 18, the Board said, “The Ghana Gold Board (‘GoldBod’) has commenced nationwide enforcement of the mandatory use of GoldBod receipts by all licensed buyers in the purchase and sale of gold in Ghana.”
They also assured traders and the public that there will be monitoring and enforcement.
“To ensure full compliance, the GoldBod Taskforce and Field Inspectors have been deployed across the country. All Licensed Buyers are required to make their receipt booklets available for inspection and cooperate fully with the inspection teams.” they stated.
They further advised all Licensed Small-Scale Miners and Gold Traders to insist on the issuance of GoldBod receipts for every purchase transaction undertaken with Licensed Buyers.
The statement read, “Licensed Buyers are reminded that the non-issuance of GoldBod receipts constitutes a serious offence and may attract severe sanctions, including the suspension and/or revocation of their license.”
This policy forms part of broader measures by government and regulators to streamline gold trading, fight smuggling, and strengthen revenue collection.
