Gold Coast, section of the coast of the Gulf of Guinea, in Africa. It extends approximately from Axim, Ghana, or nearby Cape Three Points, in the west to the Volta River in the east and is so called because it was an important source of gold. An area of intense colonial rivalry from the 17th century, it was acquired by the British in the 19th century. The Gold Coast colony (as Ghana) became a dominion of the British Commonwealth (March 6, 1957) and achieved independence as the Republic of Ghana in 1960.