Uzbekistan Ranking Sixth by World Gold Council

Uzbekistan has demonstrated significant progress in actively replenishing its gold reserves, ranking sixth among the other countries (from 2013 to 2023), as reported by RBK, citing data from the World Gold Council.

Over ten years, Uzbekistan successfully increased its gold reserves by 154 tonnes. The leading countries in this endeavor were Russia (1.3 thousand tonnes), China (1.2 thousand tonnes) and Turkey (424 tonnes).

Kazakhstan secured the seventh position, increasing its reserves by 151 tonnes. Conversely, Thailand displayed less activity in purchasing gold, securing the tenth spot with an increase of 92 tonnes.

According to research by the World Gold Council, 29% of central banks plan to bolster their gold reserves in 2025, marking a record high since 2018.

Kursiv Uzbekistan reports that the price of a five-gram gold bar in Uzbekistan surged to 5.675 million soums as of 26th September.