Gold Price in GHS — May 2025
Daily historical rates, monthly averages, and trend analysis in Ghanaian Cedi (GHS)
Opening Price
GH₵1,512.63
per gram, 24K
Closing Price
GH₵1,093.57
per gram, 24K
Monthly Average
GH₵1,300.01
per gram, 24K
Highest
GH₵1,513.61
May 4
Lowest
GH₵1,078.33
May 28
Monthly Change
-27.70%
GH₵419.05 fell
Across the 31 trading days recorded in May 2025, 24K gold (99.9% pure bullion) in Ghanaian Cedi opened the month at GH₵1,512.63 per gram and closed at GH₵1,093.57 per gram, a net fell of GH₵419.05 (27.70%) over the month. The average daily closing price for the period was GH₵1,300.01 per gram, giving a useful benchmark for anyone auditing purchases or valuations made during this window.
Prices were most volatile around the extremes of the range: the month's high of GH₵1,513.61 per gram was recorded on Sunday, May 4, 2025, while the low of GH₵1,078.33 per gram fell on Wednesday, May 28, 2025. That puts the intra-month trading range at GH₵435.28 per gram, or 40.37% of the low, which is a reasonable proxy for how much short-term volatility affected the market this month.
Purity matters as much as timing when valuing gold. Using May 2025's closing rate, 22K gold (91.67% pure — the standard for jewelry worldwide) closed at approximately GH₵1,002.48 per gram, 21K (87.5% pure, common across the Gulf) at GH₵956.88 per gram, and 18K (75% pure, favored for its durability in fine jewelry) at GH₵820.18 per gram. In trade units beyond the gram, the closing 24K rate converts to roughly GH₵12,755.23 per tola (the standard unit across South Asia and the Middle East), GH₵34,013.99 per troy ounce (the international spot-market unit), and GH₵1,093,574 per kilogram.
Against the previous month's close of GH₵1,525.38 per gram, gold lost 28.31% by the end of May 2025. Tracking this kind of month-over-month movement is one of the more reliable ways to judge whether a longer-term trend is forming, rather than reacting to a single day's price swing.
This data reflects raw international spot-market closing rates and does not include local retail premiums, making charges, or import duties that jewelers and dealers typically add. It is best used for portfolio audits, insurance valuations, scrap-gold ROI calculations, and understanding broad price trends — for an actual buy or sell quote, cross-reference against a local dealer's rate for the same date.
Daily Gold Prices — May 2025
| Date | 24K/g | 22K/g | 21K/g | 18K/g | Tola | Troy Oz | Kilogram |
|---|---|---|---|---|---|---|---|
| Thu, May 1 | GH₵1,512.63 | GH₵1,386.62 | GH₵1,323.55 | GH₵1,134.47 | GH₵17,642.96 | GH₵47,047.95 | GH₵1,512,626 |
| Fri, May 2 | GH₵1,512.12 | GH₵1,386.16 | GH₵1,323.10 | GH₵1,134.09 | GH₵17,637.06 | GH₵47,032.20 | GH₵1,512,119 |
| Sat, May 3 | GH₵1,509.76 | GH₵1,383.99 | GH₵1,321.04 | GH₵1,132.32 | GH₵17,609.48 | GH₵46,958.67 | GH₵1,509,755 |
| Sun, May 4 | GH₵1,513.61 | GH₵1,387.53 | GH₵1,324.41 | GH₵1,135.21 | GH₵17,654.48 | GH₵47,078.67 | GH₵1,513,613 |
| Mon, May 5 | GH₵1,469.05 | GH₵1,346.68 | GH₵1,285.42 | GH₵1,101.79 | GH₵17,134.71 | GH₵45,692.62 | GH₵1,469,051 |
| Tue, May 6 | GH₵1,470.71 | GH₵1,348.20 | GH₵1,286.87 | GH₵1,103.03 | GH₵17,154.07 | GH₵45,744.24 | GH₵1,470,710 |
| Wed, May 7 | GH₵1,440.61 | GH₵1,320.61 | GH₵1,260.54 | GH₵1,080.46 | GH₵16,803.04 | GH₵44,808.16 | GH₵1,440,615 |
| Thu, May 8 | GH₵1,406.49 | GH₵1,289.33 | GH₵1,230.68 | GH₵1,054.87 | GH₵16,405.07 | GH₵43,746.89 | GH₵1,406,494 |
| Fri, May 9 | GH₵1,406.52 | GH₵1,289.35 | GH₵1,230.70 | GH₵1,054.89 | GH₵16,405.33 | GH₵43,747.59 | GH₵1,406,517 |
| Sat, May 10 | GH₵1,406.52 | GH₵1,289.35 | GH₵1,230.70 | GH₵1,054.89 | GH₵16,405.33 | GH₵43,747.59 | GH₵1,406,517 |
| Sun, May 11 | GH₵1,420.11 | GH₵1,301.82 | GH₵1,242.60 | GH₵1,065.08 | GH₵16,563.90 | GH₵44,170.45 | GH₵1,420,112 |
| Mon, May 12 | GH₵1,347.30 | GH₵1,235.07 | GH₵1,178.89 | GH₵1,010.48 | GH₵15,714.67 | GH₵41,905.83 | GH₵1,347,303 |
| Tue, May 13 | GH₵1,331.63 | GH₵1,220.70 | GH₵1,165.17 | GH₵998.72 | GH₵15,531.84 | GH₵41,418.27 | GH₵1,331,627 |
| Wed, May 14 | GH₵1,301.52 | GH₵1,193.10 | GH₵1,138.83 | GH₵976.14 | GH₵15,180.69 | GH₵40,481.87 | GH₵1,301,521 |
| Thu, May 15 | GH₵1,293.82 | GH₵1,186.04 | GH₵1,132.09 | GH₵970.36 | GH₵15,090.83 | GH₵40,242.27 | GH₵1,293,818 |
| Fri, May 16 | GH₵1,269.60 | GH₵1,163.84 | GH₵1,110.90 | GH₵952.20 | GH₵14,808.31 | GH₵39,488.88 | GH₵1,269,596 |
| Sat, May 17 | GH₵1,269.59 | GH₵1,163.84 | GH₵1,110.89 | GH₵952.19 | GH₵14,808.27 | GH₵39,488.77 | GH₵1,269,592 |
| Sun, May 18 | GH₵1,287.13 | GH₵1,179.91 | GH₵1,126.23 | GH₵965.34 | GH₵15,012.77 | GH₵40,034.09 | GH₵1,287,125 |
| Mon, May 19 | GH₵1,270.17 | GH₵1,164.36 | GH₵1,111.40 | GH₵952.63 | GH₵14,814.97 | GH₵39,506.63 | GH₵1,270,167 |
| Tue, May 20 | GH₵1,284.83 | GH₵1,177.80 | GH₵1,124.22 | GH₵963.62 | GH₵14,985.95 | GH₵39,962.57 | GH₵1,284,825 |
| Wed, May 21 | GH₵1,280.61 | GH₵1,173.93 | GH₵1,120.53 | GH₵960.45 | GH₵14,936.73 | GH₵39,831.32 | GH₵1,280,606 |
| Thu, May 22 | GH₵1,254.24 | GH₵1,149.76 | GH₵1,097.46 | GH₵940.68 | GH₵14,629.16 | GH₵39,011.14 | GH₵1,254,236 |
| Fri, May 23 | GH₵1,156.42 | GH₵1,060.09 | GH₵1,011.87 | GH₵867.32 | GH₵13,488.30 | GH₵35,968.83 | GH₵1,156,424 |
| Sat, May 24 | GH₵1,156.42 | GH₵1,060.09 | GH₵1,011.87 | GH₵867.32 | GH₵13,488.30 | GH₵35,968.83 | GH₵1,156,424 |
| Sun, May 25 | GH₵1,149.80 | GH₵1,054.02 | GH₵1,006.08 | GH₵862.35 | GH₵13,411.05 | GH₵35,762.84 | GH₵1,149,801 |
| Mon, May 26 | GH₵1,120.32 | GH₵1,027.00 | GH₵980.28 | GH₵840.24 | GH₵13,067.16 | GH₵34,845.80 | GH₵1,120,318 |
| Tue, May 27 | GH₵1,094.65 | GH₵1,003.46 | GH₵957.82 | GH₵820.99 | GH₵12,767.74 | GH₵34,047.35 | GH₵1,094,647 |
| Wed, May 28 | GH₵1,078.33 | GH₵988.51 | GH₵943.54 | GH₵808.75 | GH₵12,577.47 | GH₵33,539.96 | GH₵1,078,334 |
| Thu, May 29 | GH₵1,098.63 | GH₵1,007.12 | GH₵961.30 | GH₵823.97 | GH₵12,814.22 | GH₵34,171.30 | GH₵1,098,632 |
| Fri, May 30 | GH₵1,093.57 | GH₵1,002.48 | GH₵956.88 | GH₵820.18 | GH₵12,755.23 | GH₵34,013.99 | GH₵1,093,574 |
| Sat, May 31 | GH₵1,093.57 | GH₵1,002.48 | GH₵956.88 | GH₵820.18 | GH₵12,755.23 | GH₵34,013.99 | GH₵1,093,574 |
May 2025 Price Insights
What was the average 24K gold price in GHS during May 2025?
The average 24K gold price in Ghanaian Cedi during May 2025 was approximately GH₵1,300.01 per gram, based on 31 daily closing rates.
What was the highest gold price in GHS in May 2025?
Gold peaked at GH₵1,513.61 per gram on May 4, 2025.
What was the lowest gold price in GHS in May 2025?
The lowest recorded 24K gold price was GH₵1,078.33 per gram on May 28, 2025.
Did gold prices rise or fall in GHS during May 2025?
Gold fell by GH₵419.05 (27.70%) over the month, opening at GH₵1,512.63 and closing at GH₵1,093.57 per gram.
How does May 2025 compare to the previous month?
Compared to the previous month's close of GH₵1,525.38, gold lost 28.31% by the end of May 2025.
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