Ghana’s Gold Trade Ban on Foreigners Sparks Applause — and Questions About Execution

• Small-scale miners hail move as overdue step to curb smuggling and reclaim market control
• Analysts warn GoldBod must offer competitive pricing or risk driving trade further underground

Accra, Ghana – Ghana’s decision to bar foreign nationals from trading directly in its domestic gold market has been met with strong support from small-scale miners, while industry analysts caution that the reform’s success will hinge on pricing transparency and trust in the new state-led system.