Central Bank of Uzbekistan Becomes World’s Top Gold Seller in February
Published
In February 2025, the Central Bank of Uzbekistan led global gold sales, selling 12 tonnes of the precious metal.
Kazakhstan’s National Bank ranked second, selling 8 tonnes. Meanwhile, many central banks in emerging markets continued to increase their gold holdings.
Poland emerged as the largest buyer, acquiring 29 tonnes, marking its 11th consecutive month of net gold purchases.China’s People’s Bank purchased 5 tonnes, while Turkey’s central bank bought 3 tonnes. Jordan, Qatar, and the Czech National Bank each added 2 tonnes to their reserves.
Overall, global central banks reported net gold purchases totaling 24 tonnes in February 2025.
