Updated, 13 November 2026 at 17:27 UK: Updated 17:30 GMT: gold's Friday LBMA afternoon price is US$3,890.85 and GoldBod is buying at GHS 10,790 a pound; the cedi closed at 11.69. Cocoa is down 11.5% on the week to 10 November.
**Updated 17:30 GMT:** Friday's gold and cedi prints have been added. The cocoa move is now shown week-on-week, to 10 November.
Cocoa fell 11.5% in a week, to US$4,906.39 a tonne on 10 November from US$5,543.25 on 3 November, according to the [International Cocoa Organization](https://www.icco.org/statistics/). No later ICCO price had been published by 17:20 on Friday. Cocoa is now 14.6% below its October average and 16.8% below September's official monthly average.
Gold's LBMA afternoon price was US$3,890.85 an ounce on Friday 13 November, as published by the [Ghana Gold Board](https://goldbod.gov.gh/), up 0.5% from Thursday's US$3,870.20. GoldBod's buying price for the weekend window is GHS 10,790 a pound, GHS 85 more than on Thursday afternoon. Gold remains 9.9% below September's US$4,319 average, quoted in the [Budget](https://mofep.gov.gh/sites/default/files/budget-statements/2027-Budget-Statement-and-Economic-Policy_.pdf), but 13.0% above the 2025 average.
Brent was US$92.14 a barrel on 11 November, the latest [US Energy Information Administration](https://www.eia.gov/dnav/pet/hist/RBRTED.htm) price, 0.3% up on the week. That is 23.0% above the US$74.93 the 2027 Budget assumes for oil revenue, and 25.7% below October's average.
The cedi closed the week at GHS 11.69 to the dollar (Bank of Ghana mid-rate, 13 November), 0.17% firmer than Thursday.
Why it matters: gold, cocoa and crude earned 90.4% of export receipts to September; gold alone 69.9%. A cocoa price falling this fast squeezes COCOBOD's margins on a GH¢42,400-a-tonne producer price fixed for the season.
Related: [2027 Budget oil benchmark versus Brent](https://www.statsgh.com/public-finance/ghana-2027-budget-oil-benchmark-us74-93-brent-us92-2026-11-13); [cocoa prices versus the Budget's recovery claim](https://www.statsgh.com/agriculture-and-commodities/cocoa-price-us4906-tonne-17-percent-below-2027-budget-recovery-2026-11-13); [GoldBod's 88 tonnes of small-scale exports](https://www.statsgh.com/macroeconomy/goldbod-to-buy-small-scale-gold-at-3-discount-mweo3gx9); [COCOBOD debt and the cocoa-roads figures](https://www.statsgh.com/agriculture-and-commodities/cocobod-debt-ghs30-55bn-cocoa-roads-6-9bn-vs-4-35bn-2026-11-13).
