GoldBod Rolls Out New LBMA‑Linked Pricing Regime; Strict Booking Windows Kick In
The Ghana Gold Board (GoldBod) has officially begun implementing its new gold pricing framework tied to the London Bullion Market Association (LBMA) AM and PM pricing windows, effective July 1, 2026 — a move aimed at tightening transparency, standardising purchase prices and improving real‑time trading discipline across the gold value chain.
Under the new system, GoldBod will publish two official purchase prices each trading day, aligned with the LBMA’s global benchmarks:
- AM Pricing Window: 9:30 am – 2:20 pm
- PM Pricing Window: 2:30 pm – 9:20 am (next day)
To match transactions accurately with the applicable pricing window, GoldBod has introduced strict real‑time booking periods:
Approved Booking Windows
- AM Booking: 9:30 am – 2:20 pm
- PM Booking: 2:30 pm – 8:30 pm and 6:00 am – 9:20 am (next day)
Suspension Periods (No Trading or Booking Allowed)
- 2:21 pm – 2:29 pm
- 9:21 am – 9:29 am
GoldBod cautioned that any booking submitted outside these windows — or during suspension periods — will be rejected and automatically shifted to the next applicable pricing window.
The Board reminded all licensed gold buyers to reorganise their operations to ensure strict compliance with the new timelines, emphasising that real‑time booking is now mandatory for every purchase.