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Top 20 UPSC Current Affairs Pointers of the past week | October 26 to November 1, 2026

Top 20 UPSC Current Affairs Pointers of the past week | October 26 to November 1, 2026

The Ghana Gold Board (GoldBod) reported that it generated US$1.011 billion from gold trade in October 2026, according to their latest announcement. The foreign exchange was obtained through the GoldBod GoFX platform, which sold the gold to authorized commercial banks to maintain stability in the foreign exchange market.

GoldBod has set a target to generate US$1.2 billion from ASM gold trade operations in November 2026. Of this amount, US$800 million is expected to be made available to commercial banks for supporting foreign exchange market stability. The GoldBod GoFX platform will be utilized for these sales, as per the board's approved FX Sales and Intermediation Framework. This framework aims to ensure transparency, fairness, and compliance with regulatory requirements.

GoldBod emphasized its dedication to its statutory mandate of generating foreign exchange for Ghana and supporting the accumulation of the country's foreign reserves. These efforts are being carried out in line with the Ghana Accelerated National Reserve Accumulation Policy (GANRAP).

Written by urgent.news from Adom Online's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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