In an exclusive interview, Edward Nana Yaw Koranteng, former Chief Executive Officer of the Minerals Income Investment Fund (MIIF), shared deep insights on global gold price dynamics, Africa’s growing relevance in critical minerals, and Ghana’s mining investment outlook.
Mr. Koranteng, who accurately predicted in 2023 that gold prices would surpass US$3,000 per ounce, attributed the surge to interconnected global macroeconomic and geopolitical factors.
“Post-COVID-19 supply chain challenges, inflation, the Russia-Ukraine war, and central banks’ appetite for gold as a derisking mechanism have all created a perfect storm,” he said. “Gold remains the safest hedge against inflation and global uncertainty.”
