London Bullion Market Association — international organization setting gold pricing and sourcing standards, supporting Ghana's responsible gold sourcing and traceability agenda.
Verbatim sentences from the source article.
Joy Online
… Separately, delegates attending the London Bullion Market Association’s annual conference in Sorrento, Italy, forecast that gold could reach $5,013 an ounce over the next 12 months. …
Gold edges lower with focus on Fed minutes, rate path cluesJoy Online
… He believes this will strengthen Ghana’s ability to access premium international markets, including the London Bullion Market Association (LBMA), and secure better prices for the country’s gold. …
GoldBod to roll out gold traceability system this year – Sammy GyamfiJoy Online
The Ghana Gold Board (GoldBod) has announced the implementation of a new gold pricing framework based on the London Bullion Market Association (LBMA) benchmark, introducing a dual daily pricing system aimed at enhancing transparency and alignment with international market standar …
GoldBod introduces dual daily pricing system for gold trading in GhanaThe Chronicle
… According to the Government, the initiative has been strategically designed to support Ghana’s ambition of securing London Bullion Market Association (LBMA) accreditation for at least one local gold refinery by 2030. …
GoldBod To Purchase 30% Of Gold Produced By Large-Scale MinersJoy Online
… The arrangement is also designed to help Ghana secure London Bullion Market Association accreditation for at least one domestic refinery by 2030, the statement said. …
Gov’t to buy 30% of large miners’ gold output from July 1, statementJoy Online
… The new arrangement has been strategically designed to support Ghana’s efforts to secure London Bullion Market Association (LBMA) accreditation for at least one local gold refinery by 2030. …
GoldBod secures landmark deal to purchase 30% of large-scale miners’ gold outputThe Chronicle
… Effective July 1, 2026, GoldBod will discontinue the publication of continuously updated live gold prices and adopt the internationally recognised London Bullion Market Association (LBMA) Gold Price AM and LBMA Gold Price PM benchmarks as the sole reference points for determining …
GoldBod Announces Overhaul Of Pricing RegimeJoy Online
… A major outcome of the engagement was the decision to adopt the London Bullion Market Association (LBMA) pricing formula and trading window. …
GoldBod moves to align gold trading with international standardsJoy Online
… Among the key initiatives outlined was the adoption of the London Bullion Market Association (LBMA) pricing formula and trading window as the basis for determining gold prices, a move expected to improve pricing consistency and strengthen confidence in the sector. …
GoldBod engages licensed traders to promote transparency in gold tradeJoy Online
The Ghana Gold Board (“GoldBod”) has secured strong international support for Ghana’s responsible sourcing, ASM formalisation, traceability, and value-addition agenda at the Sustainability & Responsible Sourcing Summit 2026 organised by the London Bullion Market Association (LBMA …
GoldBod secures global support for Ghana’s responsible sourcing agenda at LBMA Summit in LondonGold prices slipped on Wednesday as investors watched for clues on US Federal Reserve rate policy in minutes from September's Federal Open Market Committee meeting. Spot gold eased 0.3% to $4,150.23 per ounce, with analysts expecting the yellow metal to remain relatively stable with mild downside bias amid expectations that traders price an 85% chance of a rate hike by December.
10 hours ago · Joy Online →
Gold prices slipped on Wednesday as investors watched for clues on US Federal Reserve rate policy in minutes from September's Federal Open Market Committee meeting. Spot gold eased 0.3% to $4,150.23 per ounce, with analysts expecting the yellow metal to remain relatively stable with mild downside bias amid expectations that traders price an 85% chance of a rate hike by December.
10 hours ago · Joy Online →
The Ghana Gold Board CEO says the country will implement a national gold traceability system in 2024 to track purchases from small-scale miners. Currently, the Board cannot determine what proportion of the 3.1 million ounces purchased from small-scale miners was responsibly mined, as no traceability system has existed since Ghana began mining and trading gold.
10 August 2026 · Joy Online →
Ghana's Gold Board has introduced a new gold pricing framework based on the London Bullion Market Association benchmark, publishing two official purchase prices daily to align domestic pricing with international market standards. The system applies immediately to licensed gold buyers, miners, and trading sector stakeholders.
1 July 2026 · Joy Online →
The Ghana Gold Board has reached an agreement with the Ghana Chamber of Mines to purchase 30 per cent of gold output from large-scale mining companies, effective July 1, 2026, at a discount rate of 0.55 per cent, in an effort to strengthen gold reserve accumulation and local value addition. All transactions will be in Ghana cedis, with doré gold to be refined locally and shipped to an LBMA-certified refinery before delivery to the Bank of Ghana.
26 June 2026 · The Chronicle →
Government has agreed with large-scale mining companies to purchase 30% of their gold output starting July 1 to boost foreign currency reserves and develop local refining capacity. Gold will be sold to state entity GoldBod in dore form at a 0.55% discount to the central bank's reference rate and settled in Ghanaian cedis.
26 June 2026 · Joy Online →
The Ghana Gold Board has agreed with the Ghana Chamber of Mines to purchase 30 per cent of all large-scale mining companies' gold output, effective July 1, 2026, at a 0.55 per cent discount. The gold will be refined locally and held as part of Ghana's reserve holdings, supporting efforts toward London Bullion Market Association accreditation and the Ghana Accelerated National Reserve Accumulation Programme.
25 June 2026 · Joy Online →
The Ghana Gold Board has announced sweeping reforms to Ghana's gold purchasing framework, including a new pricing regime, stricter purchase thresholds, and mandatory real-time transaction reporting requirements, effective July 1, 2026. The measures aim to standardise pricing, enhance traceability, strengthen oversight and curb illegal trading practices.
24 June 2026 · The Chronicle →
The Ghana Gold Board has engaged licensed gold traders to align Ghana's artisanal and small-scale gold mining trade with international standards, adopting the London Bullion Market Association pricing formula and trading window to ensure fair pricing, transparency, and accountability.
22 June 2026 · Joy Online →
The Ghana Gold Board has met with licensed gold traders in the artisanal and small-scale mining sector to improve transparency and accountability. The Board outlined adoption of London Bullion Market Association pricing standards and transaction recording requirements to enhance fairness and integrity in gold trading.
22 June 2026 · Joy Online →
The Ghana Gold Board secured international support for Ghana's responsible sourcing, artisanal and small-scale mining formalisation, and traceability agenda at the London Bullion Market Association's Sustainability & Responsible Sourcing Summit 2026. The LBMA pledged to work with GoldBod on aligning traceability systems and responsible sourcing standards for Ghana's gold supply chain.
18 June 2026 · Joy Online →
Ghana's large-scale mining sector contributed over GH¢22.22 billion in revenue to the economy in 2025 and provided over 13,819 direct jobs, according to the Chamber of Mines CEO. The industry also recorded US$4.20 billion in local procurement spending and spent US$88.60 million on community development initiatives.
10 June 2026 · Daily Guide →
Ghana's large-scale mining sector contributed over GH¢22.22 billion in revenue to the economy and provided over 13,819 direct jobs in 2025, despite global and domestic challenges, according to the Chamber of Mines. The industry also recorded local procurement spending of US$4.20 billion and spent US$88.60 million on community development initiatives.
10 June 2026 · Daily Guide →