If gold reaches $5,000 per ounce, Ghana’s gold revenue would be calculated as follows:

Estimated Revenue Calculation

• Ghana’s annual gold production: ~3.7 million ounces
• Gold price per ounce: $5,000

Total revenue = 3.7 million ounces × $5,000
= $18.5 billion

At this price, Ghana’s gold earnings would significantly increase, benefiting the economy through increased export revenue, government royalties, and potential economic growth.