Uzbekistan’s Gold and FX Reserves Climb Above $66 Bn

Uzbekistan’s gold and foreign exchange reserves surpassed $66.3 bn at the start of 2026, up from $61.2 bn recorded in December last year, official data shows.

Of the total, foreign currency assets accounted for $10.6 bn, securities for $1.5 bn and gold for $55.1 bn. Gold holdings increased over the month from 12.2 mln to 12.6 mln troy ounces.

In November 2025, the Central Bank of Uzbekistan ranked among the world’s top three gold-buying regulators, purchasing 10 tonnes during the month.

Between January and November last year, Uzbekistan exported nearly $10 bn worth of precious metals. Exports rose by 49.4% year on year, reflecting strong external demand and increased production.

Kursiv also reports that gold surged past $4,500 an ounce on December 24, hitting a record high.